Is it lull before the storm on Dalal Street? Renuka Sugars ends 6% down & other stories

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	Dated:21 February,2014

Top Headlines Markets ahead: Is it lull before the storm on Dalal Street? What looked to be a year of change for Indian markets has so far been a sour story, with Sensex losing a little over 600 pts so far. Did the Indian government deliberately allow the rupee to fall? Govt allowed the rupee to fall in order to boost exports & drive a sluggish economy plagued with high rates & inflation, experts say. Renuka Sugars ends 6% down on Wilmar deal: To sell the stock or not? The deal will surely bring in relief for the company, but it leaves nothing for shareholders as the stake sale is at 10% discount to current price. Views on Stocks/Markets Buy IT, pharma and auto ancillary stocks: Ashwani Gujral Bullish on telecom stocks from long-term view: Anand Tandon Hold Financial Technologies at current level: G Chokkalingam IPO/Global Markets Nikkei rises to three-week high Seoul shares rally on US data Shanghai shares erase weekly gains Rupee / Gold Gold falls on subdued demand Re rises for first time in 3 days Gold prices steady More 'Market' News Best defence? Why investors are rushing to buy pharma stocks The BSE Pharma Index is above all its key daily moving averages as investors are rushing to park funds in the defensive sector ahead of elections. United Bank chief quits over RBI probe; stock sinks 3%, recovers UBI, which slipped as much as 3.5% in trade on reports that Archana Bhargava has resigned as CMD of the bank following a probe by the RBI. Sensex rebounds 164 points; logs first weekly gain in four Heavy buying in banking, capital goods and IT bluechips helped the Sensex rebound amid a strong show in global markets.	Market Round-up SENSEX 20700.75 164.11 NIFTY 6155.45 64.00 S&P500 1,782.59 -11.60 NASDAQ 4,103.88 -19.25 USD/INR 62.2263 .07 USD/INR 62.2263 .07 NSE Gainers Scrip Price(Rs.) %Change Uttam Value Steels Ltd. 6.75 + 19.47 Indiabulls Infrastructure 3.20 + 18.52 Geometric Ltd. 108.10 + 17.12 R Systems International L 633.65 + 16.88 Dharani Sugars & Chemical 22.60 + 13.28 NSE Losers Scrip Price(Rs.) %Change Sundaram Multi Pap Ltd. 13.20 -20.00 MIRC Electronics Ltd. 4.95 -10.00 Asian Granito India Ltd. 27.30 -9.90 Southern Ispat & Energy L 1.85 -9.76 PVP Ventures Ltd. 4.80 -8.57

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