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