BNP Paribas sees Sensex hitting 21,300; Re may touch 63/USD

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	Dated:11 June,2013

Top Headlines BNP Paribas sees Sensex hitting 21,300 despite ‘ghastly macros’ Despite terrible macros and political uncertainty, BNP Paribas sees S&P BSE Sensex hitting 21,300 by December 2013 end. Indian markets vulnerable, Rupee may hit 63 per dollar While outflows from Asia would hurt most regional markets, analysts rank India most vulnerable to a withdrawal of the Fed's monetary stimulus. Sensex at nearly 2-month low; slumps 298 points on weak Re The BSE benchmark Sensex today fell by a staggering 298.07 points to close at its lowest level in nearly two months. Views on Stocks/Markets Acquisition of Videocon block to benefit ONGC: Deven Choksey Sell Maruti Suzuki Ltd with a target of Rs 1,503: Vijay Bhambwani Sell ICICI Bank Ltd with a target of Rs 1,050: Sandeep Wagle IPO/Global Markets Hong Kong shares slump Asian shares hit 2013 lows Seoul shares fall Rupee / Gold Gold up by Rs 415 Re hits record low of 58.98 Gold futures up on global cues More 'Market' News OMCs may hike petrol prices by Rs 1.5-2/litre: Sources A hike in petrol prices is along the expected lines as OMCs are hit by Rs 20,000 cr of under-recoveries due to rupee depreciation. IT has become an interesting space: Edelweiss Financial Services For the first time after very long period, the valuations that IT is trading at is actually cheaper than the market, says Nitin Jain. RBI may cut rates by 25 bps despite Re weakness: Kotak Mahindra "I would still expect the Reserve Bank to do a 25 basis points repo cut in continuation with the linear direction of the policy movement. "	Market Round-up SENSEX 19143.00 -298.07 NIFTY 5788.80 -89.20 S&P500 1,642.81 .00 NASDAQ 3,473.77 .00 USD/INR 57.8622 .53 NSE Gainers Scrip Price(Rs.) %Change Todays Writing Instrument 10.65 + 688.89 MVL Industries Ltd. 22.50 + 423.26 GTN Textiles Ltd. 17.00 + 236.63 Almondz Global Securities 26.90 + 212.79 Parrys Sugar Industries L 52.10 + 148.10 NSE Losers Scrip Price(Rs.) %Change Refex Refrigerants Ltd. 2.30 -42.50 Salora International Ltd. 16.20 -40.55 Money Matters Financial S 107.05 -37.40 IMP Powers Ltd. 26.50 -32.48 SPL Industries Ltd. 2.65 -31.17

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