Sensex loses 426 points, Reasons and other ET stories

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	Dated:27 January,2014

Top Headlines Sensex loses 426 points; over 100 stocks hit fresh 52-week lows Indian markets breached their key support levels, led by massive selling seen in rate-sensitive stocks just ahead of the RBI policy review. Looking to invest in telecom space? Airtel, Idea Cellular top picks An EGoM, headed by FM, vouched for a cut in SUC to 5%, while leaving unchanged the annual spectrum fee of 1% of revenue for 4G waves. Five reasons why Sensex lost 426 points The Sensex closed the day at 20,707.45; down 426.11 points, or 2.02%. The 50-stock Nifty ended the day at 6,135.85, down 2.09%. Views on Stocks/Markets IT stocks to give 20% return; Infy top pick: Ajay Srivastava Bullish on IT, pharma stocks: Anand Rathi Tough week ahead for the markets: Dipan Mehta IPO/Global Markets Nikkei dives to 2-month low Seoul shares down 1.6% European shares hit 1-month low Rupee / Gold Re unlikely to touch 65: Mecklai Gold gains on global cues Re tumbles to over 2-month low More 'Market' News HUL beats Street, Q3 net profit up 22% at Rs 1,062 crore; stock gains 2% Hindustan Unilever gained momentum after the company reported a better-than expected net profit and margin for the quarter ended December 31, 2013. Tata Motors ends 6% down on sudden demise of MD Karl Slym Slym, who was in Bangkok to attend a board meeting of Tata Motors Thailand, reportedly fell from the 22nd floor of the Shangri-La Hotel to the fourth floor. Sensex ends below 21,000 levels on global sell-off The sentiment dampened after the rupee slipped past the 63-mark versus dollar as a rout in emerging market currencies continued.	Market Round-up SENSEX 20707.45 -426.11 NIFTY 6135.85 -130.90 S&P500 1,790.29 -38.17 NASDAQ 4,128.17 .00 USD/INR 62.7580 .00 USD/INR 62.7580 .00 NSE Gainers Scrip Price(Rs.) %Change Rushil Decor Ltd. 57.55 + 19.90 Opto Circuits India Ltd. 34.70 + 12.48 Symphony Ltd. 457.55 + 10.48 Indo-National Ltd. 332.75 + 5.82 Onelife Capital Advisors 175.60 + 5.50 NSE Losers Scrip Price(Rs.) %Change Kaveri Seed Company Ltd. 427.40 -79.03 Jaiprakash Associates Ltd 40.15 -14.03 Astra Microwave Products 52.25 -13.99 Dishman Pharmaceuticals & 87.80 -13.54 Balaji Telefilms Ltd. 41.75 -13.29

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