Sensex ekes out marginal gains, time to buy on dips, say analysts & more

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	Dated:24 September,2013

Top Headlines Sensex ekes out marginal gains after 2 days of losses The 30-share gauge touched a low of 19,782.78 as banking stocks continued to remain under pressure. How stock investors can cash in on 'Bharat Nirman' Investors should focus on companies which have invested in building a presence in rural India. Deutsche Bank identifies some stocks. Time to buy on dips as market seen correcting further: Analysts Analysts are of the view that investors should start looking at buying on dips, while traders should maintain short positions. Views on Stocks/Markets Prefer private sector banks in banking pack: Gaurang Shah FDA concern leading to worry on Indian pharma: Sonam Udasi SBI downgrade will have negative impact on PSU banks: IDBI Capital IPO/Global Markets Asian markets drift lower Fed tapering a bigger risk European markets steady Rupee / Gold Gold falls by Rs 25 Re weakens for third day Gold drops for 4th session More 'Market' News Stock market under bearish spell, but IT's a sure bet! In 2013 so far, Sensex gained 2.4%, while the IT index rallied 38.67 per cent; with HCL Tech, TCS and Tech Mahindra leading the gains. Expect market to trade with a downward bias: Emkay Global There is not much support to sustain the markets from current levels. Therefore, markets will continue to drift for some time. Defensives look best bet in a volatile market: Nomura's top picks Nomura maintains cautious stance on consumer goods. It expects growth to consolidate with rural consumer offering some upside.	Market Round-up SENSEX 19920.21 19.25 NIFTY 5892.45 2.70 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 62.5741 .00 USD/INR 62.5741 .00 NSE Gainers Scrip Price(Rs.) %Change PVP Ventures Ltd. 4.85 + 19.75 Visa Steel Ltd. 24.85 + 19.47 FIEM Industries Ltd. 237.20 + 19.26 Ramky Infrastructure Ltd. 52.15 + 18.52 VLS Finance Ltd. 12.30 + 15.49 NSE Losers Scrip Price(Rs.) %Change Vikas GlobalOne Ltd. 142.95 -13.42 First Leasing Company of 18.70 -9.66 Asian Granito India Ltd. 25.00 -8.93 Lloyd Electric and Engine 35.05 -8.37 HOV Services Ltd. 27.85 -7.01

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