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	Dated:12 February,2013

Top Headlines Sensex snaps 8-day losing streak, up 100 points Shrugging off poor IIP and inflation numbers, the stock market today rose by over 100 points to snap its eight-day losing streak. Unitech shares tank 25%; loses Rs 1,641 cr of market value Unitech shares fell sharply on the BSE, even as the company denied that Chandra had any conversation with the CBI official. Market may correct ahead of budget 2013, opportunity to buy: ICICI Securities In a report the brokerage said that it expects a 'non-populist' investor friendly budget and this provides a 'window of opportunity to buy. Views on Stocks/Markets BofA Merrill upgrades Exide to 'buy' CLSA maintains underperform on ONGC Market may rally post budget 2013: Aditya Birla Money IPO/Global Markets European markets flat Asian markets ease Nikkei within reach of 33-mth high Rupee / Gold Rupee recovers Gold slips below Rs 31,000 Gold importers retreat More 'Market' News S&P ends licensing agreement for NSE indices S&P's has ended its licensing agreement for benchmark indices of the NSE, pursuant to which the bourse can not use S&P name for any of its products. How should you invest in high-dividend stocks? Stocks that pay big dividends, offers elements of both types of assets: growth prospects and regular income that is often higher than bonds. Budget 2013 will be crucial as it comes before elections: Nomura There has seen a significant deceleration in investment cycle and we have to see what the budget does to improve that, says Prabhat Awasthi, Nomura.	Market Round-up

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