NIFTY UPDATE FOR 26/08/2013

                                                ECONOMY ANALYSIS
 Maruti Suzuki expects sales to get hit on higher loan rates
 Cautiously optimistic on order scenario in India
 RBI liquidity step may help moderate inflation: FM
 Sun Pharma gains on better outlook for key drug
 China's FDI inflows surges to USD 9.41 bn in July 
 Reliance Industries, BP make new gas discovery in Cauvery basin

                                                 MARKET ANALYSIS
 The S&P BSE Sensex rallied 206 points to close above 18,500 level, while the broader 50-share NSE index Nifty extended short-covering led pull-back rally for second straight day on the back of gains in capital goods, banks and oil & gas sectors. 

 The Indian rupee pared intraday losses on the back of gains in the equities. 

 The foreign institutional investors sold shares worth Rs 1,277.64 crore while domestic institutional investors were net buyers worth Rs 389.66 crore on Thursday as per the provisional data from the National Stock Exchange.

 The market breadth was positive on the BSE with 1,343 gainers against 974 losers.

                                                   MAJOR INDICES
                                                 INDIAN MARKETS
          INDEX                    CLOSE                     CHANGE                 % CHANGE
         SENSEX                18519.44                   206.50                           1.13
         NIFTY                      5471.75                     63.30                           1.17
         BANK NIFTY            9470.10                   201.20                           2.17 
                                                       US MARKET
         INDEX                              CLOSE                   CHANGE
        DOW FUTURES              14963.74                   66.19
        NASDAQ FUTURES         3638.71                   38.92
                                                        DAILY PIVOTS
        INDEX                    S1          S2         PP      R1        R2
        NIFTY                     5406      5341     5442    5508    5544
        BANK NIFTY           9292      9115     9393    9571    9671

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