Sensex at record high, 96 stocks at 52-week highs& more

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	Dated:09 December,2013

Top Headlines Saffron wave! Sensex closes at record high of 21,326 Sensex broke two record highs today. It made a fresh all-time intraday high of 21,483.74; and it closed at its highest ever level at 21,326.42. Strategy 2014: 'Buy now, sell a day before election results' In five of the last six elections, investors buying six months before polls and selling a day before results would have seen positive returns. Saffron wave! Sensex makes history, 96 stocks at 52-week highs On the NSE, 29 stocks rose to their fresh record highs including Gujarat Pipavav, Escorts, Amara Raja Batteries, L&T, Biocon and Crompton Greaves. Views on Stocks/Markets Run-up to 2014 polls: Infra, banks, capital goods look best bets Market is hoping for economic change: Raamdeo Agrawal Will maintain a bottom-up approach to markets: Quantum Securities IPO/Global Markets European shares inch higher China data boosts global shares Asian markets mostly up Rupee / Gold Gold gains Rs 255 on low buying Expect Re to head towards 57 vs $ Rupee hits four-month peak More 'Market' News Rupee hits 60.83, Sensex record high: All eyes on 2014 elections A BJP victory in the general elections is perceived a big positive for the Indian economy as well as the markets by several experts. Nifty seen at 6,800 levels, Sensex near 23,000 by December-end Experts believe that poll results have strengthened Narendra Modi's position, which is widely seen as a positive for markets by global brokerage firms. Have set Nifty target at 6900 for 2014: Gautam Chhaochharia, UBS 'If the market continues to rally over the next couple of days, then the risk-reward of buying incrementally will get less and less attractive.'	Market Round-up SENSEX 21326.42 329.89 NIFTY 6363.90 104.00 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 61.0960 .00 USD/INR 61.0960 .00 NSE Gainers Scrip Price(Rs.) %Change Kokuyo Camlin Ltd. 35.75 + 19.97 Indiabulls Securities Ltd 22.05 + 11.08 Shipping Corporation of I 42.95 + 10.98 JK Lakshmi Cement Ltd. 78.70 + 10.92 Kamat Hotels (India) Ltd. 70.75 + 10.89 NSE Losers Scrip Price(Rs.) %Change Oudh Sugar Mills Ltd. 17.65 -8.31 First Leasing Company of 11.50 -7.26 Ujaas Energy Ltd. 14.20 -6.58 Just Dial Ltd. 1,121.45 -6.51 Vimta Labs Ltd. 50.20 -6.26

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