Sensex gains 106 pts, SpiceJet allots 1.5 cr shares to Maran & 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:02 December,2013

Top Headlines Sensex gains 106 points, Nifty above 6,200 on GDP & PMI data In three days, Sensex has gained over 477 points. This is the index's highest closing since 20,974.79 on November 5. SpiceJet allots 1.5 crore shares to promoter Kalanithi Maran SpiceJet today alloted 1.5 crore equity shares to its promoter Kalanithi Maran after an equal number of warrants worth Rs 54.27 crore were converted. Expect market range to be broken post poll results: Anand Rathi Sec 'Post dissection of the November month, we saw IT, pharma and FMCG underperform a lot; whereas L&T, BHEL had done well' Views on Stocks/Markets Market uptrend likely to continue: Top-five bets for this week Bullish on REC and PFC in NBFC space: Devang Mehta Milk the current euphoria in PSU banks and go short: Ajay Srivastava IPO/Global Markets Nikkei ends flat China to resume IPOs China shares slide Rupee / Gold Rupee ends at 62.315 Gold tumbles by Rs 510 Gold prices slip More 'Market' News Brokerages prescribe Power Grid FPO for long-term investors The company has fixed the FPO price band at Rs 85-90 per share. Retail category and employees will be given a discount of 5 percent on the issue price. Auto ancillary space a safe investment bet, say analysts Analysts are not expecting strong auto sales in coming quarters, but they see the beaten-down auto ancillary sector to outperform in the small-and-midcap space. See developed markets outperforming EMs in 2014: StanChart 'Overall there will be positive returns in Asian equities, but probably still greater in developed markets,' says Steve Brice.	Market Round-up SENSEX 20898.01 106.08 NIFTY 6217.85 41.75 S&P500 1,682.32 10.61 NASDAQ 3,726.90 20.72 USD/INR 62.3560 .00 USD/INR 62.3560 .00 NSE Gainers Scrip Price(Rs.) %Change Jindal Photo Ltd. 121.20 + 20.00 Amtek India Ltd. 81.15 + 19.96 Balaji Amines Ltd. 49.65 + 19.93 Compucom Software Ltd. 13.05 + 19.72 Tantia Constructions Ltd. 19.45 + 19.69 NSE Losers Scrip Price(Rs.) %Change Bhartiya International Lt 185.30 -8.83 Mukand Engineers Ltd. 28.40 -8.09 Ujaas Energy Ltd. 15.90 -7.83 Winsome Diamonds and Jewe 6.55 -7.09 Hydro S & S Industries Lt 28.10 -6.64

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.