Sensex falls to over 1-mth low, top picks which can give 10-50% returns & more

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	Dated:12 November,2013

Top Headlines Sensex tumbles to over 1-month low as rupee slide continues Sensex slipped by 209 pts to over one-month low as rupee approached the 64-mark against dollar, ahead of IIP and retail inflation data. Bears take charge of markets; top five picks which can give 10-50% returns After losing nearly 3 per cent last week, selling pressure intensified for benchmark indices so far in this week. Five reasons why markets are down, rupee is sinking America sneezes, India gets jittery? Not any more. Any good news from America is proving to be detrimental for the Indian market. Views on Stocks/Markets Cadila top pharma pick, avoid sugar space: Devang Mehta IT stocks have done well on US recovery & weak rupee: Ajay Bodke Sell Reliance Infra with a target of Rs 418: Sandeep Wagle IPO/Global Markets European shares pegged back Hong Kong shares slip Asian stocks mostly up Rupee / Gold Re down 47 paise to 63.71 Gold demand stays subdued Gold jumps on seasonal buying More 'Market' News Investment themes for investors with 2-3 year time horizon Whenever the market gives opportunity, you book profit in some of the defensive sectors and move into other sectors. Market confidence to stay low in near term: Barclays Bank We remain conservative on our overall IIP expectations and growth expectations, says Siddhartha Sanyal, Barclays Bank. Market to stay volatile till US taper clarity: Vikas Khemani "In the long term, India offers a good risk reward & some ETF and equity flows, which needs to continue to prevent pressure on rupee."	Market Round-up SENSEX 20281.91 -209.05 NIFTY 6018.05 -60.75 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 63.4713 .18 USD/INR 63.4713 .18 NSE Gainers Scrip Price(Rs.) %Change Thinksoft Global Services 235.70 + 9.99 Omnitech InfoSolutions Lt 15.70 + 9.79 Minda Industries Ltd. 195.80 + 9.17 Gravita India Ltd. 32.20 + 9.15 Zylog Systems Ltd. 17.55 + 8.67 NSE Losers Scrip Price(Rs.) %Change Shirpur Gold Refinery Ltd 49.15 -11.84 Just Dial Ltd. 1,055.65 -11.70 Multi Commodity Exchange 430.30 -10.36 Globus Spirits Ltd. 85.35 -10.21 Ceat Ltd. 220.20 -9.99

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