Will Re hit 68 or Sensex at 22,000 mark? All eyes on Jan 15

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	Dated:13 November,2013

Top Headlines To buy or not to buy? Market experts bet on 'sell-on-rise' strategy A short bounce-back cannot be ruled out as the markets have plunged for seven days in a row and technical indicators suggest oversold levels. Sensex down for 7th day on rate hike fears, taper talk The broad-based National Stock Exchange index Nifty ended below the crucial 6,000-level by losing 28.45 points, or 0.47 per cent at 5,989.60. SX40 index of MCX-SX fell 84.36 points to end at 12,002.12. Rupee at 68 or 60; Sensex, 19,000 or 22,000? All eyes on Jan 15 Jan 15 is the day when the US govt is expected to go for another shutdown. After that will come debt ceiling bogey & the date is Feb 7, 2014. Views on Stocks/Markets Worried about your portfolio? Here are stocks to cherry-pick Does India today provide a great opportunity to invest? Maintain a ‘reduce’ call on SBI: Nitin Kumar, Quant Broking IPO/Global Markets EMs at 2-mth lows on taper talks Nikkei falls on Fed concerns Chinese mkts decide to slide Rupee / Gold Gold, silver fall on fresh selling Are Re problems home made? Rupee snaps 5-days of losses More 'Market' News Worried over rupee hitting 68 again? No, Raghuram has it under control "There have been some turmoil in the last few days, but once the markets calm down, the remaining OMCs' demand will be absorbed easily". Markets seeing a natural correction: Dipan Mehta "What we are seeing is a bout of profit taking. After an almost 10% rally in October, the markets are seeing a natural correction." Weaker currency better for India: Manoj Rane, BNP Paribas "Every thing which emerges out of a weaker currency has played out positively for us."	Market Round-up SENSEX 20194.40 -87.51 NIFTY 5989.60 -28.45 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 63.8425 .37 USD/INR 63.8425 .37 NSE Gainers Scrip Price(Rs.) %Change Shalimar Paints Ltd. 84.65 + 19.73 Deep Industries Ltd. 39.95 + 18.20 GTL Infrastructure Ltd. 1.90 + 15.15 Shriram EPC Ltd. 32.05 + 13.25 Ucal Fuel Systems Ltd. 50.05 + 10.85 NSE Losers Scrip Price(Rs.) %Change Northgate Com Tech Ltd. 2.65 -73.50 Shree Ganesh Jewellery Ho 39.05 -14.83 Suven Life Sciences Ltd. 68.50 -13.24 Nectar Lifesciences Ltd. 16.60 -12.40 Parenteral Drugs (India) 39.70 -12.36

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