Tomorrow 23/09/2013 Intraday Calls, 20/09/2013 NSE BSE Gainers Losers, RBI Credit Policy, Government increase DA by 10%

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NEW DELHI: The government in view of the upcoming elections and the festive season dearness allowance of central staff (DA) has increased that was a good news after coming RBI Credit Policy. According to information, the DA of central staff has decided to increase 10 percent. DA has been 90 percent from 80 percent.

Central government's cabinet approved the decision to increase DA 10 percent. This will benefit 50 lakh Central government employees and 30 lakh pensioners. Will now be 90 percent dearness allowance of central staff. Earlier it was 80 percent.

After nearly three years that is first time when DA increase in double-digit. Earlier, in September 2010, the government announced a 10 percent increase in DA, which is July 1, 2010 was effective. April 2013 DA was increased 72 to 80 percent. This increase was effective from January 1 this year.

Today's 20/09/2013 Market Gainers Losers

BSE SENSEX

Gainers - Apollo Tyers, IRB Infrastructure Developers Ltd, Shriram City Union Finance Ltd, The Ramco Cements Ltd, TV18 Broadcast Ltd.
Losers – DLF Ltd, HDIL, Indian Bank Ltd, Syndicate Bank, Oriental Bank of Commerce.

NSE Nifty

Best Performers – UltraTech Cements Ltd, HCL Technologies Ltd, GAIL India Ltd, Reliance Infrastructure Ltd, Ambuja Cements Ltd.
Worst Performers – Punjab National Bank, Ranbaxy Labs, Jaiprakash Associates Ltd, DLF Ltd, Indusind Bank.

Monday 23/09/2013 Intraday Calls

BUY GAIL India Ltd Above 340.00
TGT – 341/343/348 SL - 335

SELL Mahindra & Mahindra Ltd Below 874.20
TGT – 873/871/867 SL - 879


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