DAILY MARKET ANALYSIS 18/dec/2013

ECONOMY ANALYSIS

• SP remains adamant, disrupts Lokpal proceedings in Rajya Sabha
• GSK to stop paying doctors to promote drugs: Report
• Nasdaq fails to win dismissal of Facebook IPO lawsuit
• IKEA in India closer to reality, Walmart still a far cry
• GM CEO Akerson defends tenure as his exit nears
• China crushes India in BRICS university ranking
•  Rural demand to pick up in Q4: Dabur

DAILY PIVOTS

INDEX               S1      S2        PP       R1      R2
NIFTY             6120    6100   6150   6175   6200
BANKNIFTY  11115 11025  11250  11350 11500

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