Nifty ends above 4850; broader markets outperform

	Dated:13 January,2012

Nifty ends above 4850; broader markets outperform The Sensex ended at 16154.62, up 117.11 points or 0.73%. The 30-share index touched intraday high 16257.34 and low of 16049.78 intraday. Mark Mobius upbeat on emerging stock markets Mobius on his blog post said, "From a long-term perspective, we continue to have a positive outlook on emerging economies". Short on most EMs, including India: Jim Rogers Jim Rogers, Chairman, Rogers Holdings, is short on the index in India and on most emerging markets like Brazil and Indonesia. Market Round-up SENSEX 16154.62 117.11 NIFTY 4866.00 34.75 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Alembic Ltd. 19.20 + 20.00 Himachal Futuristic Commu 13.60 + 19.30 Rama Newsprint and Papers 11.30 + 18.95 Servalakshmi Paper Ltd. 5.80 + 18.37 Thomas Cook (India) Ltd. 37.75 + 15.80 NSE Losers Scrip Price(Rs.) %Change Everonn Education Ltd. 283.85 -20.00 Gufic BioSciences Ltd. 5.40 -9.24 Sezal Glass Ltd. 13.60 -9.03 SRHHL Industries Ltd. 3.85 -8.33 Oriental Trimex Ltd. 6.85 -8.05 Views on Stocks/Markets This is a time to focus on midcaps: Ashwani Gujral Positive on metal stocks: Mitesh Thacker IndusInd Bank, Yes Bank, ICICI Bank are favoured picks: Devang Mehta IPO/Global Markets China shares snap losing streak Tokyo stocks end up 1.36% World stocks up Rupee / Gold Rupee gains 2.3% this week Goldman sees upside in gold Re: 51.85 a decisive area More 'Market' News Morgan Stanley downgrades RIL to 'underweight' Morgan Stanley has downgraded Reliance Industries to 'underweight' from 'equalweight', saying it expects the energy major's gross refining margins to fall. CLSA downgrades Hero Moto to 'Sell' Brokerage firm CLSA slashed its forecast for motorcycle industry growth for FY13 from 14% to 8% and has downgraded Hero MotoCorp to Sell from Buy. 'Seeing a sense of security coming back to markets' In an interview with ET Now, Satish Menon, ED, Geojit BNP Paribas Financial Services, talks about his company's prospects.