RESEARCH VIA NIFTY REPORT FOR 11/12/13

                                                DAILY MARKET ANALYSIS

ECONOMY ANALYSIS

 Govt aims to garner Rs 18,000 cr from PSU disinvestment

 Reliance Communications mulling $1bn debt issue: Sources 

 Ranjan Mathai takes over as new Indian envoy to UK 

 FIIs buy Indian shares, derivatives worth $1 billion 

 Banking sector to benefit most from elections: Nomura 

 Factory output likely fell 1.2% in October: Poll 

 Polls continue to test India's fiscal commitment: Fitch

MARKET ANALYSIS

 he S&P BSE Sensex ended 71 points lower on Tuesday, led by losses in NTPC, the government-owned power generation company, L&T and ICICI Bank 

 Tracking the momentum, the 50-share Nifty index also slipped below its crucial psychological support level of 6,350 in trade today, led by losses in power, banks, capital goods and realty stocks. 

 The Sensex gainers include stocks like TCS (up 3.9 per cent), Hero MotoCorp (up 3.8 per cent), Wipro (up 1.8 per cent), ITC (up 1.5 per cent) and Sesa Sterlite (up 2.3 per cent) were the top index 

gainers.

 The Sensex losers include stocks like NTPC (down 11.16 per cent), BHEL (down 3.2 per cent), L&T (down 4.1 per cent), ICICI Bank (down 3.4 per cent) and SBI (down 2.3 per cent). 

                                                MAJOR INDICES

INDIAN MARKETS

INDEX                   CLOSE        CHANGE      % CHANGE

SENSEX                21255.26         -71.16                  -0.33

NIFTY                     6332.85          -31.05                 -0.49

BANK NIFTY       11843.45        -222.45                 -1.84