RESEARCH VIA EQUITY REPORT FOR 2 DEC 2013

DAILY MARKET ANALYSIS

                                    ECONOMY ANALYSIS

 India's economy probably recovered slightly in Sept quarter

 UBS shrinks advisory team for rich in emerging markets 

 Don't see marked improvement in Q2 GDP: Montek

 RBI to hike rates by 25bps before FY14-end: HDFC Life

 Ratan Tata still has big hopes for little Nano

 As bad loans mount, India gets tough on 'wilful' default

                                   MARKET ANALYSIS

 The S&P BSE Sensex held on to intraday gains as institutional investors continued with dollar inflows on hopes of pick-up in economic growth.

 "From a financial market perspective, fixed income, FX, equities or whichever other asset class that you talk about, the increasing sense is whether we grow at 4.5 or 5 or 5.25 per cent, the downward 

trajectory has been contained.

 The foreign institutional investors bought shares worth Rs 102.91 crore while domestic institutional investors were net buyers worth Rs 330.51 crore on Thursday as per the provisional data from the 

National Stock Exchange. 

REVIA DAILY NIFTY MARKET ANALYSIS 28 NOV 2013

ECONOMY ANALYSIS

 Gas price hike to add Rs 4,400 crore to profit

 US expands China hiring probe to Morgan Stanley 

 Nasdaq closes above 4,000 for first time in 13 years 

 Wockhardt hit by FDA alert on Chikalthana plant

 Dec flows to weaken; mkt in buy-on-dips mode: Pramerica 

 China's reform drive threatens to derail yuan

 India emerges most attractive investment destination: EY

MARKET ANALYSIS

 The benchmark Sensex today ended flat with a marginal 4.76-point drop as caution prevailed ahead of the expiry of November derivatives contracts on Thursday and GDP and fiscal deficit data due on Friday.

 The rupee was trading stronger at 62.2 levels against the US dollar. The American unit fell following a disappointing report on US consumer confidence in November.

 In Europe, the UK's FTSE, France's CAC and Germany's DAX were trading higher in early trades. Asian indices including Hong Kong's Hang Seng, Taiwan's TAIEX and China's Shanghai Composite 

closed in green. However, Nikkei of Japan ended down. 

MAJOR INDICES

                                  INDIAN MARKETS

INDEX                  CLOSE           CHANGE      % CHANGE

SENSEX              20420.26               -4.76              -0.02

NIFTY                    6057.10               -2.00              -0.03

BANK NIFTY         10899.30             -10.05             -0.09

US MARKET

INDEX                 CLOSE            CHANGE

DOW 

FUTURES           16072.80                  0.26

NASDAQ 

FUTURES             4017.75                23.18

NIFTY MARKET ANALYSIS FOR 26 NOV 2013

ECONOMY ANALYSIS
 UP sugar mill owners to meet CM again tomorrow: Sources
 India most attractive investment option, pips China, US
 MP polls: Voting begins, Chouhan eyeing a third term
 HC to hear Tarun Tejpal's bail plea on Tuesday
 Cairn India to spend $1 billion on buyback: Report
 India-Iran trade ties to grow post nuke deal: Anand Sharma

MARKET ANALYSIS

 The Indian market maintains momentum in the expiry week. The Sensex is up 385.70 points or 1.91 percent at 20603.09, and the Nifty is up 119.30 points or 1.99 percent at 6114.75.

 The Bank Nifty outperforms with a 4 percent gain with ICICI Bank and SBI leading the charge. BHEL (up 5 percent), L&T (up 4 percent), ONGC (up 4 percent) and SBI (up 3.5 percent) are
top gaienrs in the Sensex.

 "Positive global cues and strong opening of European indices also boosted market sentiments. The rupee too firmed up against dollar and was seen trading near 62.5 level," said Nidhi Saraswat, Senior Research Analyst, Bonanza Portfolio.

MAJOR INDICES
                          US MARKET
INDEX              CLOSE            CHANGE
DOW
FUTURES        16064.77             54.78
NASDAQ
FUTURES         3991.65              22.49

DAILY MARKET ANALYSIS ON NIFTY FOR 25 NOV 2013

ECONOMY ANALYSIS

 Union Bank raises Rs 2,000 cr to shore up capital
 ACC, Ambuja jump 1% as Holcim deal heads towards closure
 Expect to beat Nasscom guidance on $ rev growth: Persistent
 See double-digit margins, mkt share boost in H2: Amara Raja
 Siemens may post Q4 PAT at Rs 90cr vs loss of Rs 55.87cr
 Microsoft hopes Xbox One finally puts it on the media map

MARKET ANALYSIS

 The Sensex today closed 12 points down, logging its third straight weekly loss, as uncertainity over US Fed tapering its economic stimulus hit positive sentiment that helped the benchmark log gains initially.
 After climbing over 150 points to 20,388.12 in early trade, the 30-share index dropped to close lower by 11.66 points, or 0.06 per cent, at over one-week low of 20,217.39.
 It had lost 661.77 points in previous two sessions, which sparked off bargain-hunting by some investors today. However, the absence of foreign fund buying as well as lower cues from European markets led to domestic markets edging lower.

MAJOR INDICES
                                INDIAN MARKETS
INDEX                 CLOSE             CHANGE      % CHANGE
SENSEX              20217.39             -11.66                -0.06
NIFTY                   5995.45               -3.60                -0.06
BANK NIFTY    10677.35             -29.55                -0.28

RESEARCH VIA NIFTY REPORT UPDATE 25 NOV 2013

                                                 DAILY MARKET ANALYSIS

ECONOMY ANALYSIS

 Union Bank raises Rs 2,000 cr to shore up capital 

 ACC, Ambuja jump 1% as Holcim deal heads towards closure 

 Expect to beat Nasscom guidance on $ rev growth: Persistent

 See double-digit margins, mkt share boost in H2: Amara Raja 

 Siemens may post Q4 PAT at Rs 90cr vs loss of Rs 55.87cr

 Microsoft hopes Xbox One finally puts it on the media map

MARKET ANALYSIS

 The Sensex today closed 12 points down, logging its third straight weekly loss, as uncertainity over US Fed tapering its economic stimulus hit positive sentiment that helped the benchmark log gains initially. 

 After climbing over 150 points to 20,388.12 in early trade, the 30-share index dropped to close lower by 11.66 points, or 0.06 per cent, at over one-week low of 20,217.39. 

 It had lost 661.77 points in previous two sessions, which sparked off bargain-hunting by some investors today. However, the absence of foreign fund buying as well as lower cues from European markets led to domestic markets edging lower. 

MAJOR INDICES

                                       INDIAN MARKETS

 INDEX                    CLOSE            CHANGE          % CHANGE

SENSEX                  20217.39             -11.66                    -0.06

NIFTY                       5995.45               -3.60                    -0.06

BANK NIFTY           10677.35           -29.55                     -0.28

                                         US MARKET

INDEX                     CLOSE           CHANGE

DOW 

FUTURES             16009.99              109.17

NASDAQ 

FUTURES               3969.16                47.89

DAILY MARKET ANALYSIS ON NIFTY FOR 20 NOV 2013

                                                 ECONOMY ANALYSIS
 Sensex flat with positive bias; Europe weak, Sesa dips 3.5%
 Power Grid share sale likely to open on Dec 3: Sources
 FY14 CAD may be 4% of GDP; fisc deficit at 5%: Moody's
 NTPC scraps Rs 700-crore turbine order with Ansaldo
 Expect EBIT margins around 20% for H2FY14: Infotech
 Stronger than H1FY14 growth seen in Q3: Prestige Estates

                                                 MARKET ANALYSIS
 It was a quiet session on Dalal Street as the market remained range bound. The Sensex ended up 40.08 points at 20890.82 and the Nifty closed gainign 14.35 points at 6203.35. About 1282 shares advanced, 1196 shares declined, and 159 shares were unchanged.

 Jindal Steel and Hindalco gained over 4 percent each while Maruti and SBI ended with more than 3 percent gains. Other gainer in the Sensex was Bharti Airtel . Top losers in the Sensex are Sesa Sterlite, HDFC Bank, Coal India, TCS and Wipro. The rupee continued to strengthen, trading around 62 per dollar mark A Finance Ministry-RBI panel discussed a 49 percent cap for FII investment.

                                                   MAJOR INDICES
INDIAN MARKETS
INDEX                       CLOSE        CHANGE       % CHANGE
SENSEX                    20890.82            40.08                   0.19
NIFTY                         6203.35            14.35                   0.23
BANK NIFTY            11187.85            45.55                   0.41

RESEARCH VIA NIFTY REPORT FOR 19 NOV 2013

                                          DAILY MARKET ANALYSIS

ECONOMY ANALYSIS
 Sensex ends up 451 pts; Bank Nifty soars 3%, ITC gains 4%
 ICICI hits overseas debt market with benchmark issue
 Moody's maintains negative outlook on Indian banks
 NTPC scraps Rs 700-crore turbine order with Ansaldo
 Expect EBIT margins around 20% for H2FY14: Infotech
 Stronger than H1FY14 growth seen in Q3: Prestige Estates

MARKET ANALYSIS

 The Sensex records best single-day gain since Ocotober18, ends up 451.32 points or 2.21 percent at 20850.74. The Nifty closes up 132.85 points or 2.19 percent at 6189.00. About 1441 shares have advanced, 1069 shares declined, and 129 shares are unchanged. Shares in Shanghai and Hong Kong hit multiyear highs after China decides to leave its doors wide open for foreign investors. UBS upgraded China and downgrades India.

 Bank Nifty gains most in percentage terms since October 29. The Sensex gains most in percentage terms since October 18.The Nifty traded at a week high.

MAJOR INDICES
                                      INDIAN MARKETS
INDEX                     CLOSE           CHANGE      % CHANGE
SENSEX                   20850.74          451.32                 2.21
NIFTY                        6189.00          132.85                 2.19
BANK NIFTY            11142.30          331.10                  3.06

                                               US MARKET
INDEX                                    CLOSE          CHANGE
DOW FUTURES                  15950.00              111.00
NASDAQ FUTURES             3413.75                 3.25

RESEARCH VIA DAILY MARKET ANALYSIS IN NIFTY FOR 18 NOV 13

ECONOMY ANALYSIS

 October WPI inflation at 7%, stands at 8-month high
 Won't resort to kitchen sinking; SME sector still under duress
 Realisation to depend on subsidy, oil prices: ONGC
 Expect to end FY14 with profit of Rs 25 cr: Kohinoor Foods
 Bane of dynastic rule: Rahul-flation, Sonianomics
 Psychological level for rupee at 64/$: HSBC
 Google warns of 'splinter net' fallout from US spying

MARKET ANALYSIS

 The nifty jump over 66 points, its first rise in eight trading days, buoyed by gains in intrest rate after RBI announced to take fresh to boost liquidity in the banking system and on hopes that US FED will maintain its economic stimulus.

 According to brokers market was in oversold zone and recovered on buying amid RBI planning to undertake open market operation next week by injecting Rs 8000 cr to system.

 In the US, Janet Yellen, nomited to be the next chairman of the FED, today indicated a strong economic recovery would enable the central bank to trim its USD 85-billion a month bond buying

programme.

MAJOR INDICES
                                      INDIAN MARKETS
INDEX                    CLOSE         CHANGE        % CHANGE
SENSEX                  20399.42         205.02                   -0.43
NIFTY                       6056.15          66.55                      1.11
BANK NIFTY           10784.80         32.65                      0.23

TODAY REVIA NIFTY UPDATE & NIFTY REPORT FOR 14 NOV 13

DAILY MARKET ANALYSIS
                                  ECONOMY ANALYSIS

 Starbucks to pay $2.76 bn in Kraft grocery rift
 Jet Airways soars 7% as CCI clears Etihad deal
 See 10% rev growth, 8.5-9% EBITDA margins for FY14: NCC
 M&M Q2 PAT seen down 5% to Rs 860 cr, margin may expand
 India must make best use of technology, says Ambani
 Apple vs Microsoft: The battle for the office heats up
 Tapering is 'watershed moment' for Southeast Asia: HSBC

                                  MARKET ANALYSIS

 The benchmark SENSEX today slipped by around 88 points, extending its string losses to the seventh session in a row, hit by fears of intrest rate hikes by the RBI to contol rising inflation.

 A weak show by Asian Stocks and lower opening in EUROPE after reports said fed officials gave mixed signals on Tuesday amid speculation that the US Central Bank would start reducing stimulus next month, further influenced the domestic trend.

 After market close yesterday, industrial output showed subdued growth whilw retail inflation continued to persist at discomforting double-digit levels, raising the possibility of RBI hiking repo rate next month, maker analysts said.

                                               MAJOR INDICES
                                             INDIAN MARKETS
INDEX                    CLOSE             CHANGE         % CHANGE
SENSEX                  20194.40             -87.51                   -0.43
NIFTY                       5989.60             -28.45                   -0.47
BANK NIFTY         10523.35            -59.70                   -0.56

RESEARCH VIA NIFTY REPORT FOR 13 NOV 2013

DAILY MARKET ANALYSIS

ECONOMY ANALYSIS

Inflation seen staying uncomfortably high in Oct

Domestic car sales dip 4%, bikes up 18% in Oct

Q3 export realisations seen at Rs 60/$: Arvind

Apollo Tyres Q2 net up 44.19% at Rs 219.47 crore

FIIs may invest upto $5bn in credit enhanced bonds: RBI

World offers aid for typhoon-ravaged Philippines

MARKET ANALYSIS

Extending its freefall to the sixth session in a row, the benchmark Sensex today slipped by 209 points to over one- month low as rupee approached the 64-mark against dollar, ahead of IIP and retail inflation data.

"Investors opted to book profits ahead of IIP and inflation data. Rupee too showed weakness against dollar. European markets opened lower and further dampened sentiment," said Rakesh Goyal

The rupee, which till yesterday had fallen for five days, is trading at levels seen two months ago and devalues foreign investments in stocks and bonds, said analysts.

                                            MAJOR INDICES

                                          INDIAN MARKETS

INDEX                  CLOSE                CHANGE           % CHANGE

SENSEX                20281.91               -209.05                     -1.02

NIFTY                     6018.05                 -60.75                     -1.00

BANK NIFTY           10583.05               -175.40                     -1.63

                                  US MARKET

INDEX                      CHANGE              CLOSE 

DOW FUTURES      15783.10                  21.32

NASDAQ 

FUTURES                   3919.79                   0.56