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

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