Nifty ends November series above 4750;GAIL,ONGC up

	Dated:24 November,2011

Nifty ends November series above 4750;GAIL,ONGC up The Nifty closed at 4756.45, up 50 points or 1.06 per cent. The broader index touched a high of 4771.10 and low of 4639.10 in trade today. Stock rally adds over $1-bn to Tata Group market value TCS, Tata Motors, Tata Steel and Tata Power rallied in a strong market, helping the group attain a market capitalisation of close to Rs 3,80,000 crore. US dollar is in serious trouble as well: David Bloom, HSBC 'Nobody is immune from this financial crisis and if you thought this was just a European crisis, your currency is telling you otherwise.' Market Round-up SENSEX 15858.49 158.52 NIFTY 4756.45 50.00 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Novopan Industries Ltd. 41.90 + 18.53 Ramsarup Industries Ltd. 8.20 + 15.49 IFCI Ltd. 24.30 + 13.29 Pantaloon Retail (India) 201.20 + 12.56 Sterlite Technologies Ltd 34.65 + 11.06 NSE Losers Scrip Price(Rs.) %Change SRHHL Industries Ltd. 3.15 -14.86 Cura Technologies Ltd. 72.50 -14.71 Kamat Hotels (India) Ltd. 94.10 -14.22 Asian Granito India Ltd. 34.30 -11.48 Parsvnath Developers Ltd. 36.00 -10.00 Views on Stocks/Markets Wait and watch Ambuja Cements: Mitesh Thacker No reason to buy Adani enterprises: Deepak Mohoni Buy call for Hindustan Unilever Ltd: Deepak Mohoni IPO/Global Markets European shares rise Nikkei hits 2-1/2 year low World stocks, German bonds fall Rupee / Gold Re closes 29 paise higher Gold down by Rs 150 Silver down over 1% More 'Market' News Shapoorji Pallonji Group's Forbes & Co gains 9% on bourses The shares rose to as high as Rs 435 immediately after the markets commenced this morning, marking a surge of 8.9 per cent from its previous close. Technical patterns suggest relief rally for Nifty at 4900 levels The 50-stock NSE Nifty may see a relief rally till 4900 levels based on channel and Elliot wave patterns. Asian banks witness high borrowing costs; markets feel pain, worse to come Asian banks have seen their borrowing costs climb as cash-strapped European banks repatriate funds and cut back on loans.