Sensex 406 pts fall a healthy correction? and other ET stories

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	Dated:21 November,2013

Top Headlines Sensex sheds 406 pts: Don't worry it's a healthy correction, say experts Analysts are of the view that it’s a news-based event. They say the markets are not overreacting some correction was overdue. Markets sink: Can Raghuram counter American storm? A hint of US tapering yesterday and the markets have got jittery, with Nifty slipping below 6,000; and the rupee trading close to 63. Sensex drops most in 11 weeks on fresh Fed tapering concerns All 30 stocks on the BSE Sensex ended with losses, with ITC, HDFC, RIL and Infosys accounting for 171 points of the decline. Views on Stocks/Markets Bottom-up approach likely to benefit investors as markets get jittery Metals not hot for now; Tata Steel top pick: UBS Time to start accumulating good quality stocks: Sudip Bandyopadhyay IPO/Global Markets Tokyo stocks jump 1.92% Nikkei jumps 1.9% Emerging stocks drop 1% Rupee / Gold Re falls most in a week Gold, silver tumble Forex a true value of Re: FM More 'Market' News Chunk of poll expectations factored in by markets: Axis AMC "A large part of what people are expecting from the elections is probably already discounted in the markets." Tata Steel doubled from recent lows in almost 3 months; here's why Tata Steel Ltd nearly doubled in almost three months from its closing price of Rs 198.60 recorded on 6th August. P-Notes investment rises to Rs 1.84 lakh crore in October Investments into Indian shares through P-Notes surged to the highest level in two and a half years at nearly Rs 1.84 lakh crore in October.	Market Round-up SENSEX 20229.05 -406.08 NIFTY 5999.05 -123.85 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 62.3827 .20 USD/INR 62.3827 .20 NSE Gainers Scrip Price(Rs.) %Change Zuari Agro Chemicals Ltd. 123.65 + 19.99 Indo Tech Transformers Lt 68.00 + 19.93 Sterling Biotech Ltd. 8.75 + 19.86 Jindal Cotex Ltd. 17.75 + 15.64 Gabriel India Ltd. 24.50 + 13.69 NSE Losers Scrip Price(Rs.) %Change Godrej Properties Ltd. 180.15 -50.10 Aarvee Denims and Exports 42.70 -11.32 Aqua Logistics Ltd. 2.10 -10.64 Paramount Communications 1.40 -9.68 Texmo Pipes & Products Lt 5.65 -8.13

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