Sensex at 3-year high, top-five stock bets and more

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	Dated:29 October,2013

Top Headlines Sensex flirts with record closing high, just 75 points shy The Sensex once again came at a kissing distance from its all-time closing high of 21,004, recorded on November 5, 2010. Raghuram sets stage for Diwali fireworks: Top-five stock bets Among the top brokerage firms, Deutsche Bank raised its December 2013 target for the Sensex to a record 22,000 pts. Rate-sensitive shares fuel 359-point rally; Sensex at 3-year high Sectorally, the BSE Banking index rose to nearly 1-month high by surging 4.35 per cent led by ICICI, SBI and HDFC Bank. Views on Stocks/Markets Expect NBFCs like LIC & Bajaj Fin to outperform banking sector: Jigar Shah Bearish on consumer staples; rural biz to fare better: Tirthankar Patnaik Recommend select stocks in auto, capital goods & realty segments: IIFL IPO/Global Markets Hong Kong shares rise Seoul shares eke out gains Nikkei falls on profit booking Rupee / Gold Rupee ends at 61.31 Gold down by Rs 420 Gold premiums stay at peak More 'Market' News Top-five investment ideas for Diwali Investors should play safe and remain cautious on the market and should diversify portfolio across sectors in fundamentally strong companies, a report said. Bank stocks on a roll: Experts advise long positions if Nifty breaches 6,250 The liquidity-driven rally is at the moment discounting concerns of further rate hike and asset quality of banks. Maruti Suzuki rallies 9% as Q2 net zooms three-fold to Rs 670 crore The carmaker beat estimates with a 195% rise in Q2 net profit pushed by strong export earning, favorable forex rates and better product-mix.	Market Round-up SENSEX 20929.01 358.73 NIFTY 6220.90 119.80 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 61.2863 .10 USD/INR 61.2863 .10 NSE Gainers Scrip Price(Rs.) %Change BF Utilities Ltd. 276.80 + 19.98 Sasken Communication Tech 158.70 + 14.34 Lanco Industries Ltd. 20.80 + 13.97 Tribhovandas Bhimji Zaver 162.95 + 12.03 Gujarat Ambuja Exports Lt 27.05 + 12.01 NSE Losers Scrip Price(Rs.) %Change Rohit Ferro-Tech Ltd. 10.95 -19.78 Flexituff International L 181.05 -15.40 DCM Shriram Consolidated 56.20 -13.14 Pondy Oxides & Chemicals 21.35 -6.56 Shree Renuka Sugars Ltd. 22.75 -5.99

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