Sensex closes 113-pts shy of 19k and other ET stories

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	Dated:02 September,2013

Top Headlines Sensex closes 113-point shy of 19,000; Nifty ends at 5,550 Extending gains for the fourth day, the BSE benchmark Sensex today climbed over 266 points to close at nearly three-week high of 18,886.13. IT’s time? TCS, HCL Tech rally over 60% in 2013 BSE IT index rallied over 40% so far in 2013, helped by the depreciating rupee and signs of a visible recovery in developed economies. Mkts ahead: Bulls set for a long shot, bear it for now Indian markets are looking attractive after the fall over macro-economic issues & concerns over the winding up of US stimulus program. Views on Stocks/Markets Bear market for speculators, bull market for investors: Raamdeo Agrawal Macquarie’s top 5 large-cap picks that can give huge returns Stock Buzz: Ajanta Pharma set to benefit from the US upside IPO/Global Markets Tokyo stocks close 1.37% up China shares end flat HK shares have best day in 3 wks Rupee / Gold No more shocks for Re: Rangarajan Gold falls for fourth-day Rupee ends at 66 More 'Market' News War trade boils over: Rupee caught in the cross-fire As the infamous ‘war trade’ is on, crude has spiked on the fear factor and ‘safe-haven’ gold is back in fashion. These two are the worst enemies of rupee. Will Dalal Street, rupee hold on to the gains? Even though markets are likely to stay choppy, quality stocks can be accumulated post recent correction in the mkts, say analysts. Buy stocks with a 3-year time horizon: Nirmal Jain 'Market recovery is more of a short covering, wherein the stocks which had beaten down very quickly, are recovering,' says Nirmal Jain.	Market Round-up SENSEX 18886.1309 266.41 NIFTY 5550.7500 78.95 S&P500 1,632.97 -5.20 NASDAQ 3,589.87 -30.43 USD/INR 67.0170 .00 USD/INR 67.0170 .00 NSE Gainers Scrip Price(Rs.) %Change Dwarikesh Sugar Industrie 18.00 + 20.00 Gokaldas Exports Ltd. 34.15 + 19.82 Megasoft Ltd. 7.40 + 16.54 Shree Renuka Sugars Ltd. 17.75 + 16.01 Mawana Sugars Ltd. 7.10 + 15.45 NSE Losers Scrip Price(Rs.) %Change Emmbi Industries Ltd. 9.85 -6.64 Peninsula Land Ltd. 29.75 -6.45 Alpha Geo (India) Ltd. 23.70 -6.32 India Infoline Ltd. 49.75 -5.95 Man Industries (India) Lt 66.00 -5.85

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