Top investment ideas, Sensex slumps 286 pts & other stories

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	Dated:03 July,2013

Top Headlines Sensex slumps 286 pts on weak rupee; realty, metal stocks tank Sensex today lost a hefty 286 points led by a fall in realty and metal sector stocks on selling by funds, after rupee tanked below the 60 mark. After surging over 35% in 2013, where is Lupin headed? Most of the analysts are bullish on Lupin as the weak rupee provides much support to the stock and consistent performance in the past augers well for it. Top investment ideas from experts for volatile markets Indian markets are likely to remain flat because there are still many foreign investors who are looking at India from a longer-term perspective. Views on Stocks/Markets Multibagger: JP Morgan sees over 85% upside in Tata Steel Brokerages downgrade Bajaj Auto to ‘sell’ on weak outlook Stock Buzz: Sun Pharma may face resistance at current levels IPO/Global Markets World markets roiled by oil prices Nikkei edges down on China data Hong Kong shares sink 2.5 pc Rupee / Gold Gold rallies for fourth day Rupee extends losses 'Re likely to weaken further' More 'Market' News BofA ML sees Sensex earnings per share at Rs 1,260 for FY'14 Bank of America Merrill Lynch today said it expects earnings per share for BSE benchmark Sensex to fall to Rs 1260 for the current financial year (FY14). Cement stocks outperform broad markets last month Savvy investors, however, prefer to analyse cement dispatches and the cement prices across regions before betting their money on cement stocks. Market to remain flat or in a narrow range for next 6 months: Nirmal Jain The markets will remain flat because there are still many foreign investors who are looking at India from a longer-term perspective, says Nirmal Jain.	Market Round-up SENSEX 19177.76 -286.06 NIFTY 5770.90 -86.65 S&P500 1,614.08 -.88 NASDAQ 3,433.40 .00 USD/INR 59.5684 .10 NSE Gainers Scrip Price(Rs.) %Change Todays Writing Instrument 10.65 + 719.23 First Winner Industries L 30.30 + 450.91 Almondz Global Securities 26.90 + 212.79 Parrys Sugar Industries L 52.10 + 185.48 Melstar Information Techn 6.80 + 147.27 NSE Losers Scrip Price(Rs.) %Change Ashoka Buildcon Ltd. 63.00 -66.45 Celebrity Fashions Ltd. 2.50 -57.26 Bodhtree Consulting Ltd. 16.25 -34.21 IMP Powers Ltd. 26.50 -32.05 Sambhaav Media Ltd. 1.05 -30.00

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