RESEARCH VIA DAILY NIFTY REPORT FOR 26/DEC/2013

                                               DAILY MARKET ANALYSIS

ECONOMY ANALYSIS

 UN approves India's request to accredit diplomat charged by US 

 HDFC's Morgan Stanley MF buyout is a bet on stocks

 Sebi likely to launch REITs today: Nishit Desai Associates

 Eyewear shines amid slow sales across board: Titan 

 Economy steadily escaping deflation: Japan PM Abe

 China's one child policy change set for Q1 next year

MARKET ANALYSIS

 The S&P BSE Sensex was moving in a narrow range with negative bias as traders were seen settling open positions ahead of the December series expiry. Most global investors kept their positions 

light ahead of the Christmas vacation.

 Gains in healthcare, capital goods and oil & gas sectors were offset by losses in metals, banks and realty space. 

 The Nifty was at 6,274.90, down 9.60 points or 0.15 per cent. It touched a high of 6,301.50 and a low of 6,262.50 in trade today. 

 The market breadth was positive on the BSE with 1,079 gainers against 561 losers. 

 The foreign institutional investors bought shares worth Rs 135.42 crore while domestic institutional investors were net buyers worth Rs 38.35 crore on Monday as per the provisional data from the National Stock Exchange.

                                                 MAJOR INDICES
INDIAN MARKETS
INDEX                       CLOSE          CHANGE        % CHANGE
SENSEX                    21032.71           -68.32                  -0.32
NIFTY                          6268.40          -16.10                   -0.26
BANK NIFTY              11330.65          -47.85                   -0.42