FII destination: India better than China? Sensex up 115 points & other stories

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	Dated:09 July,2013

Top Headlines Are Indian markets better FII destination compared to China? Sensex has shaved off 0.5% while the Shanghai Composite Index has plunged a little over 13% in 2013 as per data collected on July 08. Infosys may miss Q1 operating profit forecast: StarMine StarMine expects Infy to report an operating profit of Rs 2893 cr for the quarter compared with a consensus mean estimate of Rs 2994 cr. Sensex up 115 points as rupee bounces back from lows Also, a firming trend in the global markets on cheerful begining of earning quarter in the US further supported the market sentiment, brokers said. Views on Stocks/Markets Surprised by mkt strength despite Re weakness: Raamdeo Agrawal Indiabulls Real Estate could head to about Rs 70-75 Valuations are starting to look attractive in EMs: Credit Suisse IPO/Global Markets China shares struggle Nikkei climbs 2.6 pc Hong Kong shares rise 0.5 pc Rupee / Gold Re leads FX short-covering Rupee rebounds Gold: Traders eye Rs 25k level More 'Market' News Top long term investment bets from experts for volatile mkts Most analysts expect a new bull market to happen only when the Nifty moves towards 6350 and a successful breakout from those levels. RBI imposes restrictions on banks for currency F&O trading It would come into effect immediately. The move is aimed at stemming the declining value of rupee which touched its life-time low of 61.21/$ dollar. India is still looking viable from equity investment perspective: Nomura Global conditions in other emerging markets are worse compared to India and India is still looking viable from equity investment perspective.	Market Round-up SENSEX 19439.48 114.71 NIFTY 5859.00 47.45 S&P500 1,640.46 8.57 NASDAQ 3,484.83 .00 USD/INR 60.9251 -.18 NSE Gainers Scrip Price(Rs.) %Change Todays Writing Instrument 10.65 + 688.89 First Winner Industries L 30.30 + 450.91 Almondz Global Securities 26.90 + 214.62 Melstar Information Techn 6.80 + 147.27 Parrys Sugar Industries L 52.10 + 146.34 NSE Losers Scrip Price(Rs.) %Change Celebrity Fashions Ltd. 2.50 -64.29 Poly Medicure Ltd. 273.35 -46.15 Bodhtree Consulting Ltd. 16.25 -42.98 IMP Powers Ltd. 26.50 -32.05 Sambhaav Media Ltd. 1.05 -30.00

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