Analysts prefer private banks, Sensex up, Rupee weakens & other mkt stories

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	Dated:17 July,2013

Top Headlines Sensex up 98 points on FDI liberalisation; HUL, NTPC rally Sensex today rose by nearly 98 points led by gains in bluechips, buoyed by government's decision to liberalise FDI norms. Analysts prefer private banks as Bank Nifty falls 700 points in 2 days According to analysts, banks are likely to continue to remain weak. They are bullish on pvt banks as against PSBs. Credit Metrics of BSE 500 cos weakest since 2008: India Ratings The total debt of BSE 500 corporates rose by about 192% over FY'08-FY'13, while interest expenses rose by a staggering 226%. Views on Stocks/Markets Bullish on NTPC, ITC, Apollo and TCS: Sudip Bandyopadhyay HUL shares hit life-time high on reports of products price hike Stock Buzz: HNI investors buying into Aurobindo Pharma IPO/Global Markets Asian shares mixed World markets edgy European shares positive Rupee / Gold Rupee weakens Gold rise on buying Dlr key for stable Re More 'Market' News Expect long-term capital inflows in 2014 on easing FDI caps: Nomura Indian telcos generate extremely weak return on invested capital, in fact below their cost of capital, which makes them value destroyers. Response to FDI measures will pan out over time: Montek Ahluwalia The response to these measures is going to be stretched out over a period of time. We should not describe this as an effort to get dollars. No pressure to increase deposit or lending rates: Pratip Chaudhuri "Stable exchange rate, low inflation and stable currency are impossible trinity. You have to sacrifice one of these."	Market Round-up SENSEX 19948.73 97.50 NIFTY 5973.30 18.05 S&P500 1,676.26 -6.24 NASDAQ 3,598.50 .00 USD/INR 59.2409 -.63 NSE Gainers Scrip Price(Rs.) %Change Pantaloons Fashion & Reta 166.00 + 1560.00 Todays Writing Instrument 10.65 + 660.71 First Winner Industries L 30.30 + 450.91 Almondz Global Securities 26.90 + 230.06 Parrys Sugar Industries L 52.10 + 171.35 NSE Losers Scrip Price(Rs.) %Change Celebrity Fashions Ltd. 2.50 -70.59 Bodhtree Consulting Ltd. 16.25 -52.90 TCI Finance Ltd. 23.30 -35.28 IMP Powers Ltd. 26.50 -33.50 Sambhaav Media Ltd. 1.05 -30.00

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