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. 

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