55/$ not impossible for rupee, 2014 to be exciting for India & more

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	Dated:26 November,2013

Top Headlines Rupee at 60, 68 or counterpoised? 55/$ is not impossible There are a lot of ifs and buts for the rupee to go below 60 levels against the US dollar; but then, where it will stabilise is the question. Sensex down 180 pts as oil rebounds; F&O expiry, GDP data eyed Investors churned portfolios ahead of the monthly futures and options (F&O) contract expiry on Thurday, analysts said. 2014 will be exciting year for India: Jim O’Neill 'Since Modi could get a lot of things done in Gujarat, therefore, in theory, it is expected he can take that to the national stage and show leadership.' Views on Stocks/Markets See a fair amount of steam left in IT: Citrus Advisors Bullish on oil marketing companies: Quant Broking Dips should be used to buy Infosys: Gaurang Shah IPO/Global Markets Nikkei back from 6 month high Hong Kong stocks end flat China shares post 4th straight loss Rupee / Gold Rupee ends flat; upside limited Gold prices soar to Rs 31, 625 'Re to remain in 62-64 range' More 'Market' News Brokerages' views on United Spirits after Diageo offers to sell W&M biz Morgan Stanley is of the view that the stake sale will be positive for USL as it will boost the company’s earnings. BSE, NSE to shift scrips to restricted group from November 29 The BSE will shift 64 securities to the trade-for-trade or 'T' group, while the National Stock Exchange will transfer 35 stocks to this segment. Nifty likely to remain in a range of 6000-6200 for Dec expiry: PhillipCapital 'The market is anticipating that there will be a resistance at least for the December expiry at about 6200.'	Market Round-up SENSEX 20425.02 -180.06 NIFTY 6059.10 -56.25 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 62.3878 -.10 USD/INR 62.3878 -.10 NSE Gainers Scrip Price(Rs.) %Change Career Point Ltd. 95.50 + 19.97 DIC India Ltd. 338.90 + 19.92 Torrent Power Ltd. 121.60 + 18.98 Everonn Education Ltd. 39.60 + 10.00 Avanti Feeds Ltd. 265.75 + 10.00 NSE Losers Scrip Price(Rs.) %Change Jindal Poly Investment & 67.50 -15.89 Welspun Corp Ltd. 33.20 -14.21 Hindustan Construction Co 11.65 -12.41 Piramal Enterprises Ltd. 486.65 -11.53 Gujarat NRE Coke Ltd. 10.50 -11.39

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