Sensex snaps losing streak; Tata Mtrs, Infosys, DLF up

	Dated:22 November,2011

Sensex snaps losing streak; Tata Mtrs, Infosys, DLF up The Bombay Stock Exchange's Sensex closed in the positive territory, on the back of technical pull-back, snapping its eight-day losing streak. ONGC withdraws papers for FPO, will file again if govt asks Oil and Natural Gas Corp has withdrawn the papers it filed for a government share sale, but will file the red herring prospectus (RHP) again if instructed. Probably a good time for investors to accumulate: Emerging Global Advisors If investors believe there is significant low in market, then this would be a good time for them to accumulate, says Emerging Global Advisors CIO. Market Round-up SENSEX 16065.42 119.32 NIFTY 4812.35 34.00 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Sezal Glass Ltd. 20.40 + 700.00 Amtek Auto Ltd. 120.75 + 19.79 Brandhouse Retails Ltd. 14.60 + 17.27 Koutons Retail India Ltd. 19.90 + 15.03 DCM Ltd. 54.75 + 12.89 NSE Losers Scrip Price(Rs.) %Change Parsvnath Developers Ltd. 44.40 -19.93 Usher Agro Ltd. 82.80 -15.42 Goldstone Infratech Ltd. 9.50 -12.84 Welspun Projects Ltd. 26.80 -12.70 Peacock Industries Ltd. 2.75 -12.70 Views on Stocks/Markets IT stocks gain as rupee falls to record low Cairn India among best plays on rupee depreciation: RBS Siemens likely to move lower: Ashwani Gujral IPO/Global Markets World Stocks rebound after heavy losses European shares bounce after sell-off US stock futures signal mixed open Rupee / Gold Rupee closed 0.3 pc lower Gold up by Rs 10 Rupee hits all-time low More 'Market' News Never expected huge depreciation of rupee: Atul Nishar, Hexaware Tech 'This is an opportunity to increase the hedges and we would increase maybe even as percentage in terms of our policy and keep improving our average rate.' Market is quite very confused: Kuljeet Kataria, Unicon In an interview with ET Now, Kuljeet Kataria, Head-Business Alliance, Unicon, talks about commodity market. Market may weaken further as VIX up 7.6%: Geojit BNP Paribas Financial A declining put-call ratio, along with increased VIX, clearly indicates a weak outlook for the markets.