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