Infy can double investors' money? Rupee falls, Gold down & other stories

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	Dated:02 August,2013

Top Headlines Infosys can double investors’ money in three years: CLSA Maintaining ‘outperform’ on the stock, the Asia-focused brokerage said it could rally another 10 per cent from its current levels. Sensex, Nifty post biggest weekly fall since mid-March Sensex marked its eighth consecutive session of falls as Power Grid Corp fell after saying it would sell new shares to raise funds. 136 stocks hit 52-week low on BSE 500 Most analysts do not see a rebound in the near term, while advising investors to sell on rallies as the trend remains bearish. Views on Stocks/Markets Don’t see great value in OMCs at this point in time: Prakash Diwan Stock Buzz: Prime Focus may appreciate 10-12% by August-end Infy's upmove premature, bias stays with HCL & TCS: Mayuresh Joshi IPO/Global Markets Seoul shares wipe gains HK shares end up 0.5 pc Property sector buoys China Rupee / Gold Gold extend losses Rupee at record closing low Gold, silver fall More 'Market' News Fund raising via QIP declines 62% to Rs 1066 cr in June: Sebi With the latest fund mop-up, the total capital raised via qualified institutional placement has reached to Rs 11,436 cr since beginning of 2013. RBI to roll back rupee steps in Q4: Barclays Barclays also downgraded India's FY14 GDP growth forecast to 5.3% from 6.0% & pushed back their 75 bps rate cut expectations to Dec 2013-April 2014. Govt will take all measures to protect investors: FMC The National Spot Exchange Ltd (NSEL) said on July 31 that it had suspended most trades on its platform and deferred settlement of contracts for 15 days.	Market Round-up SENSEX 19164.02 -153.17 NIFTY 5677.90 -49.95 S&P500 1,701.46 -5.41 NASDAQ 3,665.20 -10.54 USD/INR 60.8621 -.31 USD/INR 60.8621 -.31 NSE Gainers Scrip Price(Rs.) %Change EL Forge Ltd. 25.30 + 602.78 Todays Writing Instrument 10.65 + 545.45 Future Market Networks Lt 50.40 + 486.05 First Winner Industries L 30.30 + 450.91 Almondz Global Securities 26.90 + 268.49 NSE Losers Scrip Price(Rs.) %Change Celebrity Fashions Ltd. 2.50 -62.69 Bodhtree Consulting Ltd. 16.25 -52.90 Spanco Ltd. 8.05 -31.78 Compuage Infocom Ltd. 36.60 -30.55 Money Matters Financial S 107.05 -29.57

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