Sensex falls 485 pts from day's high; Fear of AAP’s populism spreading plays on markets & more from ET

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	Dated:02 January,2014

Top Headlines Profit-booking, fear of AAP’s populism spreading plays on markets Analysts see populist measures adopted by AAP and the Cong-led Maharashtra govt considering a cut in power rates playing on market sentiment. Sensex falls 485 pts from day's high, ends 252 pts down The Nifty fell below its 20-day average and registered its worst percentage fall since November 21, 2013. 2014 a watershed year for markets! What brokerages are betting on Outcome of general elections will be the turning point for the market as a lot of hope has already built into the rally, say analysts. Views on Stocks/Markets HCL Tech trades near all time high valuation, will the rally continue? Move to quality cyclical stocks from defensives: Ambit Capital Metals shine after price hike, but experts are giving a dull outlook IPO/Global Markets China shares slide S Korea shares dip 2.2 pc Australia mkt touch 6-wk highs Rupee / Gold Re falls to 2-wk low, ends at 62.26 Gold up by Rs 175 Gold up post worst retreats since 1981 More 'Market' News Experts see Sensex at 24,000 well before elections The buildup of speculations that Sensex could test 24,000 or even 25,000 levels well ahead of the big day is gaining momentum thick & fast. Top five factors that will move stock markets in 2014 We would advise investors not to get deterred by macro noises and invest in a disciplined way, says expert. IT, pharma stocks expected to hog limelight in 2014 Among major gainers from the IT sector last year, TCS, Infosys and Wipro shot up by 71 per cent, 51 per cent and 40 per cent, respectively.	Market Round-up SENSEX 20888.33 -252.15 NIFTY 6221.15 -80.50 S&P500 1,848.36 7.29 NASDAQ 4,176.59 .00 USD/INR 61.7870 .00 USD/INR 61.7870 .00 NSE Gainers Scrip Price(Rs.) %Change MBL Infrastructures Ltd. 98.35 + 19.79 Winsome Diamonds and Jewe 7.75 + 14.81 Orbit Corporation Ltd. 20.45 + 12.36 BPL Ltd. 15.65 + 10.21 Shanthi Gears Ltd. 71.15 + 9.63 NSE Losers Scrip Price(Rs.) %Change C Mahendra Exports Ltd. 196.20 -14.47 Bombay Rayon Fashions Ltd 159.10 -14.28 Shree Rama Newsprint Ltd. 7.10 -11.80 OnMobile Global Ltd. 31.35 -10.94 D B Realty Ltd. 62.30 -10.74

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