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

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