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	Dated:16 January,2013

Top Headlines Sensex snaps two-day gains; RBI dampens mood The benchmark BSE index fell 0.85 percent, or 169.19 points, to end at 19,817.63, marking its biggest single day fall since Dec. 21, 2012. Morgan Stanley sees Sensex to top 23,000 by Dec 2013 Morgan Stanley says growth in corporate earnings, rise in global liquidity and attractive valuations are likely to support markets. Investors overweight on India but China poses near term risk: BofA-ML A BofA-ML report says that part of the reason investors are overweight on India is driven by the fact that they have been worried about Chinese markets. Views on Stocks/Markets Bullish on PSBs in banking space: Peerless Securities Nomura sees over 15% upside in RIL; target raised to Rs 1000 Remain invested in consumer staples stocks: Prakash Diwan IPO/Global Markets China knocked off 7-1/2-mth high Nikkei suffers biggest drop in 8 mths Hong Kong shares close down Rupee / Gold Rupee down for 2nd day Rupee to hit 50 by Dec: HSBC Gold surges by Rs 320 More 'Market' News Macquarie says Indian 'elephant' to turn 'tiger'; ups Sensex target to 22,200 Macquarie has upped the BSE index target to 22,200 versus 21,600 earlier and NSE target to 6,900 points as against 6,600 previously. Diageo-USL deal hits CCI hurdle; regulator suggests changes Diageo had announced a deal on Nov 9, under which it agreed to acquire up to 53.4% stake in USL for an aggregate amount of Rs 11,166.6 cr. Expect 12-15% returns from Indian markets in 2013: Religare Capital Markets "We have a call of 10-12-15% upside on both the indices for the year driven again largely by global liquidity," says Tarun Kataria.	Market Round-up SENSEX 19817.63 -169.1894 NIFTY 6001.85 -54.7500 S&P500 1,402.22 0.8700 NASDAQ 3,011.25 -4.6100 NSE Gainers Scrip Price(Rs.) %Change Decolight Ceramics Ltd. 12.15 + 9.95 DCM Ltd. 77.95 + 9.94 Prakash Constrowell Ltd. 20.00 + 9.89 MVL Ltd. 2.40 + 9.09 Oriental Trimex Ltd. 4.95 + 8.79 NSE Losers Scrip Price(Rs.) %Change IOL Netcom Ltd. 3.75 -15.73 Logix Microsystems Ltd. 17.95 -13.91 Premier Ltd. 121.25 -12.80 Software Technology Group 3.10 -10.14 Regency Ceramics Ltd. 4.05 -10.00

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