Sensex ends up, rupee woes continue, TCS rallies to 52-wk high & other stories

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	Dated:30 August,2013

Top Headlines TCS rallies to fresh 52-wk high; crosses Rs 4L cr m-cap mark intraday TCS's market cap hit Rs 4,01,230 crore when its stock price touched Rs 2050. The stock finally closed 4.2 per cent higher at Rs 2030. Rupee crisis: RBI finds a friend in JPMorgan Yesterday's steps regarding the use of swap lines is constructive, but the most important thing is to fix trade balance and CAD, says Adrian Mowat. Sensex ends 219 points higher led by short covering; Nifty above 5,450 For the month, the S&P BSE Sensex ended 3.75 per cent lower while the 50-share Nifty index slipped 4.5 per cent in the month of August. Views on Stocks/Markets Is it a right time to turn a buyer in Indian equities? Hold on, say analysts ITC, Britannia top picks in FMCG sector: Ajay Bodke Lupin seen rallying 20% irrespective of near-term pressure: CLSA IPO/Global Markets Hong Kong ends up; China flat Nikkei ends wk & mth lower Seoul at near 3-mth closing high Rupee / Gold Rupee ends at 65.70/71 Gold, silver extend losses 'Dlr to remain strong against Re' More 'Market' News Majority of stocks are trading below 2008 valuations, say analysts With all the pessimism around currency, investors can still make money in specific stocks and sectors, say analysts. Rupee to depreciate further on negative sentiment: Bibek Debroy Debroy expects rupee to depreciate further on negative sentiment. Debroy sees the Q1 GDP growth data coming in at 4.8%. Jindal Steel and Power to buy back shares worth up to Rs 1,000 crore Jindal Steel and Power (JSPL) today said it will buy back 8.7 per cent of its paid up capital, amounting to not more than Rs 1,000 crore.	Market Round-up SENSEX 18619.7207 218.68 NIFTY 5471.7998 62.75 S&P500 1,638.17 3.21 NASDAQ 3,620.30 .00 USD/INR 67.6848 -.30 USD/INR 67.6848 -.30 NSE Gainers Scrip Price(Rs.) %Change Uniply Industries Ltd. 6.55 + 89.86 Karuturi Global Ltd. 1.30 + 13.04 Piramal Enterprises Ltd. 628.55 + 11.82 Gallantt Ispat Ltd. 98.35 + 11.76 Cybertech Systems & Softw 16.35 + 10.85 NSE Losers Scrip Price(Rs.) %Change Financial Technologies (I 113.90 -19.45 Sakuma Exports Ltd. 13.60 -9.93 Ajmera Realty & Infra Ind 56.95 -9.82 Shree Ganesh Jewellery Ho 56.05 -9.30 Jindal Steel & Power Ltd. 221.85 -8.89

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