Nifty ends above 5,900, rupee gains, top investment ideas & other stories

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	Dated:11 September,2013

Top Headlines Sensex takes breather after 1300-pt rally; top investment ideas The Sensex slipped over 200 pts in trade as investors preferred to book profits after the recent rally of over 1300 pts so far in September. Sensex recovers after early losses, ends flat; Nifty above 5,900 Markets saw bouts of profit-booking after the biggest four-day rally in four years in which Sensex had gained 1,757 points. More correction likely in Indian markets in near future: JPMorgan AMC "We may see some more disappointment in earnings and that could put a bit more pressure on the Indian equities in the short term," says Tai Hui. Views on Stocks/Markets Frontline auto stocks that may give 14-22% return in medium term See 15-20% upside left in some of large cap IT stocks: Nitin Jain 10% of investors’ portfolio should be in deep-value stocks: Rahul Singh IPO/Global Markets EM investors get picky Nikkei ends flat China at 3-month highs Rupee / Gold Gold falls on reduced offtake 'Re recovery due to RBI steps' Rupee gains for a fifth day More 'Market' News BHEL rallies over 20% in September: Is it time to book profits? According to analysts, the ongoing rally in capital goods stocks is more of a recovery rally and is expected to fizzle out once the rupee stabilises. Investors should start buying Tata Motors on decline, say analysts Most global brokerages have maintained ‘buy’ on the stock after the JLR monthly sales data, but the stock has rallied close to their 12-mth price target. Maruti second best performer among auto stocks; up 11% so far in Sep Most analysts are of the view that Maruti Suzuki has the potential to move higher from current levels given attractive valuations.	Market Round-up SENSEX 19997.45 .36 NIFTY 5913.15 16.40 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 64.1728 -.67 USD/INR 64.1728 -.67 NSE Gainers Scrip Price(Rs.) %Change Financial Technologies (I 184.10 + 26.97 Shasun Pharmaceuticals Lt 75.70 + 19.97 AXIS-IT&T Ltd. 42.20 + 19.89 ARSS Infrastructure Proje 20.55 + 19.83 Impex Ferro Tech Ltd. 4.85 + 19.75 NSE Losers Scrip Price(Rs.) %Change Uniply Industries Ltd. 3.05 -8.96 Varun Industries Ltd. 7.20 -8.86 KSS Ltd. 11.00 -8.33 BSEL Infrastructure Realt 1.70 -8.11 Ester Industries Ltd. 9.30 -7.92

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