'Clear majority' may take Sensex to 22K, How elections will alter markets & more

To ensure delivery directly to your inbox, Please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here.
	Dated:03 December,2013

Top Headlines Eye on elections: 'Clear majority' may take Sensex to 22,000 in just a day In the last two general elections, that is 2009 and 2004; the stock market has seen gap moves of 18% up and 19% down, respectively. Sensex snaps 3-day winning run, down over 43 points The 50-share CNX Nifty on the National Stock Exchange slipped 16 points, or 0.26 per cent, to end at 6,201.85. How election results will set the stage for Indian markets, economy Here's what experts have to say on how the upcoming election results hold for the Indian economy and the stock market. Views on Stocks/Markets Maruti Suzuki’s dismal sales don't deter brokerages; target prices raised Avoid stocks which are already up 25-30%: Hemang Jani, Sharekhan Buy on declines as long as levels of 6,180 hold on: Ashwani Gujral IPO/Global Markets World shares jittery Nikkei at 6 yr closing high Hong Kong shares slip Rupee / Gold Re ends at 62.36 on Fed taper fears Gold extends losses, falls to Rs 30,800 Currency derivatives turnover falls More 'Market' News Power Grid can return 25% in a year, subscribe to FPO: Quant Broking "Our 12-month target for the stock is Rs 118, which from Rs 90 is significant, given that downside risk for the stock is 4%-5% at the most," says Abhineet Anand. Market reading too much into state elections outcome: BofA-ML "There have been occasions in the past when assembly elections and general elections have thrown up different results, six months within each other." Experts' take on different sectors that were in action today Some buying action was seen in the broader markets as investors continued to lap-up beaten-down midcap stocks.	Market Round-up SENSEX 20854.92 -43.09 NIFTY 6201.85 -16.00 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 62.1778 -.18 USD/INR 62.1778 -.18 NSE Gainers Scrip Price(Rs.) %Change Jindal Worldwide Ltd. 103.80 + 20.00 Munjal Auto Industries Lt 44.50 + 19.95 Kamat Hotels (India) Ltd. 65.85 + 19.95 Patel Engineering Ltd. 53.60 + 19.91 Jindal Photo Ltd. 144.95 + 19.60 NSE Losers Scrip Price(Rs.) %Change Global Offshore Services 74.55 -9.53 Aqua Logistics Ltd. 1.80 -7.69 Peninsula Land Ltd. 32.35 -5.69 Educomp Solutions Ltd. 26.90 -5.45 Pondy Oxides & Chemicals 23.70 -5.39

About Us> | Advertise with Us | Terms of Use and Grievance Redressal Policy | Privacy Policy | Feedback | Sitemap Copyright © 2013 Bennett Coleman & Co. Ltd All rights reserved. For reprint rights: Times Syndication Service If you want to unsubscribe the service, please click here.