1. India Market Summary for the week ended 6-12-2013
I Review of the Week
Market review for the week ended 6 December 2013
• The market edged higher last week after a series of exit polls predicted
victory for Bharatiya Janata Party (BJP) in the Assembly elections held in
four States.
• Growth in second quarter GDP and the improvement in HSBC India
manufacturing index for November also boosted the market.
• Sensex, settled a tad below the psychological 21,000 mark, having
alternately moved above and below that mark during the week.
• The Sensex and Nifty, both, hit their highest closing level in almost five
weeks.
• Among the 30 Sensex shares, 18 stocks rose and the remaining stocks fell.
• Sensex rose 0.98% to 20,996.53 and Nity rose 1.36% to 6,259.90 for the
week ended 6 December 2013

2. India Market Summary for the week ended 6-12-2013
Government Policies during the week
 The BJP has emerged as the biggest winner in four key state elections, exit polls
estimated on Wednesday a possible blow to the ruling Congress ahead of a general
election due next year
Economic data
 The HSBC Manufacturing PMI, compiled by Markit, rose to 51.3 in November from
October's 49.6
 India's Gross Domestic Product (GDP) increased at improved pace of 4.8% in Q2
September 2013, compared with 4.4% growth recorded in Q1 June 2013
 The fiscal deficit touched Rs 4.58 lakh crore during April-October 2013, or 84.4% of
the full-year target.

3. Corporate Announcements
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Tata Power surged 10.82%. It was top Sensex gainer last week.
Select metal stocks edged higher as manufacturing in China continued to grow last month. Hindalco Industries
(down 1.71%) and Sesa Sterlite (down 0.33%), edged lower.
Capital goods stocks were in demand. State-run BHEL surged 9.80% Engineering and construction major Larsen
& Toubro (L&T) jumped 5.10%
Bank shares were in demand after a foreign brokerage upgraded target prices of select bank shares. ICICI Bank (up
7.01%), HDFC Bank (up 3.19%) and State Bank of India (up 2.21%), edged higher.
The brokerage increased SBI's target price to Rs 2,200 from Rs 1,933. ICICI Bank's target price was raised to Rs
1,290 from Rs 1,250.
IT major Wipro rose 4.76%. Wipro said it will discontinue manufacturing of Wipro branded desktops, laptops and
servers in its endeavor to strengthen its position as a system integrator and increase its focus on IT solutions and
services.
Commercial vehicles major Tata Motors fell 1.91%. The company's British luxury car unit Jaguar Land Rover
(JLR) on Thursday said it has decided to set up a manufacturing facility in Brazil following a landmark agreement
between the company and state authorities to build a plant in the State of Rio de Janeiro.
India's largest car maker by sales Maruti Suzuki India rose 1.23%. The company announced that production fell
10.25% to 93,900 units in November 2013 over November 2012.
M&M rose 0.02%. The company that it would carry out preventive replacement of one part in its Scorpio Ex
variant. This is in keeping with its customer centric approach as well as in compliance with the recently announced
voluntary code on vehicle recall.
Shares of two-wheeler makers were mixed. Hero MotoCorp rose 2.35%, while Bajaj Auto fell 1.04%. A foreign
brokerage upgraded Hero MotoCorp to 'outperform' from 'sell'. The brokerage also upgraded Bajaj Auto to
'underperform' from 'sell'.
FMCG stocks tumbled. FMCG major Hindustan Unilever (HUL) tumbled 5.65%. It was the top Sensex loser last
week.
India's largest cigarette maker by sales ITC fell 2.66% to Rs 311.65.

4. India Market Summary for the week ended 6-12-2013
Top Gainers and Losers of the week (NSE)
PRICE ON
COMPANY
TATA POWER
AXIS BANK
JINDAL STEEL
BHEL
PNB
Dec 6, 2013
(Rs)
88.4
1,279.75
283.5
171.4
596.9
PRICE ON
COMPANY
HIND. UNILEVER
ITC LTD
DR. REDDYS LAB
TATA MOTORS
HINDALCO
Dec 6, 2013
(Rs)
559.65
311.05
2,422.70
390.9
120.5
PRICE ON
Nov 29,
2013 (Rs)
79.5
1,155.95
258.15
156.35
549.9
PRICE ON
Nov 29,
2013 (Rs)
594.75
320.4
2,484.80
398.7
122.7
CHANGE
(%)
11.20%
10.70%
9.80%
9.60%
8.50%
CHANGE
(%)
-5.90%
-2.90%
-2.50%
-2.00%
-1.80%

5. India Market Summary for the week ended 6-12-2013
II Forth coming week
Government policies / announcements
• Counting of votes for assembly elections in Delhi, Madhya Pradesh,
Chhattisgarh and Rajasthan takes place on Sunday, 8 December 2013
• The winter session of parliament begins on Thursday, 5 December 2013.
The session will end on 20 December 2013
Economic data
• The government will unveil industrial production data for October 2013
on Thursday, 12 December 2013
• Data on inflation based on the general consumer price index (CPI) for
November 2013 will be unveiled on Thursday, 12 December 2013

6. India Market Summary for the week ended 6-12-2013
Market outlook
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Market braces for volatility during the forth coming week.
High volatility is expected next week as the market will react sharply to the
verdict of assembly elections in key states on Sunday, 8 December 2013.
Investors are keeping a close watch on economic data in the United States as the
Federal Reserve monitors the pace of recovery to gauge when it will begin to
reduce monetary stimulus for the US economy, which has been aimed at
encouraging growth.
The US government will release the influential US non-farm payrolls data for
November 2013 on Friday, 6 December 2013.
The Fed has said improvement in the labor market is a key factor in its policy
assessment.
The US central bank currently buys bonds worth $85 billion a month in a bid to
hold interest rates low and encourage economic growth in the world's biggest
economy. Fed's bond-buying program has been a source of liquidity for most
Asian and emerging markets this year

7. Commodity Market
CP on
29.11.201
3
CP on
6.12.201
3
Commodity
Contract
% change
Gold
05-Feb-14
29234
28954
-0.96%
Silver
05-Mar-14
45844
44052
-3.91%
Crude Oil
18-Dec-13
5839
5981
2.43%

8. India Market Summary for the week ended 6-12-2013
Sector Outlook
• Assembly elections in Delhi, Madhya Pradesh, Rajasthan, Chhattisgarh and
Mizoram were held over the past few weeks. The elections were marked by
record high turnout in most states. Counting of votes for assembly elections
in Delhi, Madhya Pradesh, Chhattisgarh and Rajasthan takes place on
Sunday, 8 December 2013. The market is already rallying in the hope of a
single party win. If there is good news on the political front, then the
markets may not react negatively to news on US Federal Reserve tapering.
• However, investors can concentrate on IT and FMCG companies
 Buy Tech Mahindra and HCL
 Buy Hindunilever at declines

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