RESEARCH VIA NIFTY TIPS REPORT FOR 10/OCT/2013

DAILY MARKET ANALYSIS
ECONOMY ANALYSIS

FY14 CAD may be lower than estimated $70bn

Recovery of costs key to survival of power cos: Experts

Market to react positively to Yellen's appointment

Bharti-Walmart split, to independently operate retail biz

USIBC steps ups its campaign on immigration reform

Patel questions barring PSUs from IAF's aircraft tender

MARKET ANALYSIS
The Nifty hit fresh intraday high and breached important resistance of 6,000 as investors turned bullish following better-than-expected trade deficit data in September.

India's trade deficit in September narrowed to $ 6.76 billion vs $10.9 billion in August.

The foreign institutional investors bought shares worth Rs 226.32 crore while domestic institutional investors were net sellers worth Rs 454.35 crore on Tuesday as per the provisional data from the National Stock Exchange.

                                                        MAJOR INDICES
INDIAN MARKETS
INDEX                     CLOSE              CHANGE           % CHANGE
SENSEX                   20249.26           -265.65                 1.33
NIFTY                         6007.45              79.05                 1.33
BANK NIFTY          10334.95            193.50                 1.91

US MARKET
INDEX                             CLOSE              CHANGE
DOW FUTURES             14776.53              -159.71
 
NASDAQ FUTURES     3694.83            -75.55
  








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