Markets may hit fresh highs, Re going back to 55/$: Best bets for 2014

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	Dated:28 November,2013

Top Headlines Markets may hit fresh highs in a month; best bets for 2014 Sensex slipped a little over 3% since Nov 3, the day when it hit an all-time high of 21,321.53. Does that mean the rally has now ended? Rupee going back to 55/$; clamour gets louder The voices are divided, but more and more experts are now not ruling out the rupee going back to 55 levels against the US dollar. Sensex ends 115 pts up, Nifty below 6,100 on global cues Gains in RIL, L&T, Infosys, HDFC and M&M shares helped the index log gains, while losses in ICICI Bank, Tata Motors and ITC capped further rise. Views on Stocks/Markets Brokerages see Tata Motors rallying up to Rs 475 levels Brokerages lower Wockhardt's target price after FDA import alert Expect trading upside in major sugar stocks: Prashasta Seth IPO/Global Markets Nikkei at six-year high China at 6-wk closing high Hong Kong shares falter Rupee / Gold Rupee ends at 62.41 Gold falls to Rs 31,215 Re to be in 61-63 range: Barclays More 'Market' News FIIs may baulk, poll results may surprise: It's a long December Sensex plunged over 3% in November after hitting all-time highs earlier in the month. Analysts do not expect December to be any easy. New insider trading norms within ten days: Sebi he capital markets watchdog had set up an expert panel in March this year to suggest new measures to regulate insider trading. Sensex ends November series with 3% loss; broader market outperforms Sensex slipped over 3 per cent in November series, while broader market indices such as the BSE mid and small caps ended the series in green.	Market Round-up SENSEX 20534.91 114.65 NIFTY 6091.85 34.75 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 62.3242 .04 USD/INR 62.3242 .04 NSE Gainers Scrip Price(Rs.) %Change Minda Industries Ltd. 218.60 + 19.98 Mukand Engineers Ltd. 29.40 + 16.44 Trident Ltd. 18.00 + 16.13 JK Tyre & Industries Ltd. 158.05 + 13.91 Shilpi Cable Technologies 20.25 + 13.76 NSE Losers Scrip Price(Rs.) %Change Shree Ganesh Jewellery Ho 33.30 -10.00 Winsome Diamonds and Jewe 6.55 -9.03 Vikas GlobalOne Ltd. 111.75 -8.33 Crest Animation Studios L 3.00 -7.69 Vascon Engineers Ltd. 24.75 -6.43

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