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	Dated:23 May,2013

Top Headlines Nifty posts biggest drop in a year, Sensex ends 388 pts down The BSE benchmark Sensex today lost 388 points to fall below 20,000 level on disappointing March quarter earnings from state-run lender State Bank of India. Sensex sinks below 20K; five reasons why markets came under pressure “Post one way upside rally in Indian markets, profit booking was very much expected," said Siddharth Sedani of Microsec. SBI plummets over 8%; m-cap down Rs 12,867 crore on weak results At NSE, it settled at Rs 2,171.65, down 8.10 per cent. The market value of SBI tanked by Rs 12,867 croreore to Rs 1,48,859 croreore. Views on Stocks/Markets Midcap stocks that can be bought in the current correction Strategies to trade Nifty futures, Bank Nifty Futures in this fall L&T is the bellwether for the sector: Arindam Ghosh IPO/Global Markets Nikkei dives 7.3 per cent World shares sink HK posts worst loss in 7 wks Rupee / Gold Re pulls off 8-1/2 month lows Gold down by Rs 20 More downside seen in Re More 'Market' News Carnage in markets; top 20 midcaps which slipped over 5% All the sectoral indices, led by realty and capital goods stocks, closed in the negative zone. India has potential to grow at 10% over next 2 decades: Jim O’Neill "India needs a positive approach to FDI and much more credible approach on inflation targeting," says Jim O’Neill of Goldman Sachs AMC. Wockhardt tanks on USFDA import alert on its EoU facility Shares of Wockhardt tanked 20 per cent in trade following US FDA's concerns related to the company’s Export oriented Unit plant in Aurangabad.	Market Round-up SENSEX 19674.33 -387.91 NIFTY 5967.05 -127.45 S&P500 1,655.35 -13.81 NASDAQ 3,463.30 .00 USD/INR 55.5393 .36 NSE Gainers Scrip Price(Rs.) %Change MVL Industries Ltd. 22.50 + 423.26 GTN Textiles Ltd. 17.00 + 226.92 Parrys Sugar Industries L 52.10 + 177.13 Cura Technologies Ltd. 39.45 + 131.38 Hydro S & S Industries Lt 42.20 + 122.69 NSE Losers Scrip Price(Rs.) %Change Balmer Lawrie & Company L 388.50 -43.31 Salora International Ltd. 16.20 -40.55 Indian Terrain Fashions L 55.00 -33.33 Money Matters Financial S 107.05 -32.25 SPL Industries Ltd. 2.65 -31.17

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