Re posts best gain in 2 weeks, Sensex rises, experts' opinion on markets & other stories

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	Dated:08 August,2013

Top Headlines Morgan Stanley cuts year-end target for Sensex to 19,720 Attractive valuations and sentiments may stem the downside, but draining liquidity and fresh growth woes may cap the upside. Sensex rises 124 points; metal, realty shares in limeight Brokers said investors covering pending positions before a long weekend and buying in fundamentally stocks available at attractive levels. Expect reversal of flows to EMs from developed mkts: Mark Mobius Mark Mobius expects markets to bounce back and recover going forward and says that valuations of stocks are attractive in frontier markets. Views on Stocks/Markets Tata Motors takes a target price hit from four brokerages Avoid PSBs, but SBI can offer gains up to 50%: BofA-ML Stock Buzz: Biocon to remain flavour of the street for short term IPO/Global Markets Asian markets perk up Nikkei falls on futures selling European stocks steady Rupee / Gold Gold up by Rs 160 Re weakness here to stay Rupee posts best gain in 2 weeks More 'Market' News Government withdraws bill to amend SEBI Act Finance Minister P Chidambaram proposed in the Lok Sabha to withdraw the bill, which was introduced in March this year, to amend the SEBI Act. Ranbaxy gains 34%: 5 reasons why the stock was on a high The surge comes on a day when Malaysia allotted its JV the site for a manufacturing unit, and a day after the firm reported Q2 earnings. Damage done, almost 50% stocks below 2008 levels: Rajen Shah Angel Broking analyst says stocks bought at the height of absolute pessimism, dismay and disbelief will help you make a fortune.	Market Round-up SENSEX 18789.34 124.46 NIFTY 5565.65 46.55 S&P500 1,690.91 -6.46 NASDAQ 3,654.01 .00 USD/INR 61.5878 -.05 USD/INR 61.5878 -.05 NSE Gainers Scrip Price(Rs.) %Change Ranbaxy Laboratories Ltd. 359.20 + 27.60 Autoline Industries Ltd. 58.80 + 20.00 State Trading Corporation 119.15 + 19.99 Gujarat Gas Company Ltd. 195.40 + 19.99 Dredging Corporation Of I 245.45 + 19.59 NSE Losers Scrip Price(Rs.) %Change BSEL Infrastructure Realt 1.20 -14.29 Shiv-Vani Oil & Gas Explo 12.40 -9.82 Atul Auto Ltd. 168.35 -8.01 Hexa Tradex Ltd. 12.80 -7.91 Asian Granito India Ltd. 23.25 -7.55

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