How an FII exit will hit market, sensex will sink or rally & more

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	Dated:17 September,2013

Top Headlines Sensex will sink or rally? All eyes on US Fed and RBI Analysts say a positive outcome of Fed and RBI's policy meet may see Sensex rallying, while the index may come crashing down on a negative. How an FII exit will hit the Indian stock market Between June and August 2013, India saw its sharpest bout of FII outflow since the global financial crisis. Sensex up 61 points as IT stocks gain on weak rupee After opening slightly lower, it fell to 19635.44 but recouped losses to end at 19,804.03, up 61.57 points, or 0.31 per cent. Views on Stocks/Markets Don’t expect further rally in banking stocks: Angel Broking FOMC meet, RBI policy will be crucial for market direction: Nomura Supreme Industries may report margin expansion ahead: N Dalmia IPO/Global Markets Asian markets slip Nikkei falls, traders cautious Europe mkts near 5-yr highs Rupee / Gold Gold gains Rs 300 Gold near 5-week low Rupee falls most in two weeks More 'Market' News Goldman stays neutral on near-term gold prices Goldman Sachs said its expectations of a "dovish" taper and gold's recent decline will likely limit the downside to the metal's prices in the near term. Currency slide puts India, other emerging markets in 'soft spot' As their currency rates witness a sharp decline against the US dollar, 'serious tremors' have been generated in India and many other EMs. FIIs bought shares worth $1 bn following Rajan's announcements Between June and August 2013, India saw FII outflows of $ 4 billion, leading to fears of a possible capitulation by FII's, the Deutsche Bank report said.	Market Round-up SENSEX 19804.03 61.56 NIFTY 5850.20 9.65 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 62.9952 -.46 USD/INR 62.9952 -.46 NSE Gainers Scrip Price(Rs.) %Change TGB Banquets and Hotels L 54.00 + 20.00 Ind-Swift Laboratories Lt 27.00 + 18.94 Vimal Oil & Foods Ltd. 104.70 + 14.05 Adhunik Metaliks Ltd. 29.35 + 13.76 Heidelberg Cement India L 37.50 + 9.65 NSE Losers Scrip Price(Rs.) %Change Ajanta Pharma Ltd. 680.85 -27.22 First Leasing Company of 21.40 -19.85 Visagar Polytex Ltd. 57.80 -13.28 India Glycols Ltd. 88.85 -13.19 G M Breweries Ltd. 63.70 -12.32

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