The markets showed a decline of 0.4 per cent each in a week on week basis trade. The BSE Capital Goods and Auto sector was up around 2.3 per cent and 0.2 per cent in the weekly trade where as the BSE realty sector (down around 2.5 per cent) and metals sector (down around 1.5 per cent) remained the losers. Nifty has support at 5626 and 5600, below these levels can cause more selling but the chances are unlikely. Resistance for the Nifty lies at 5765.

Revenues
L&T came out with its quarterly numbers last week, showing a rise of 42.45 per cent in the net profit to Rs 11.37 billion for the quarter ended September 30, 2012 against Rs 7.98 billion in the same period last year. Total revenues also grew 17.35 per cent to Rs 131.95 billion from Rs 112.44 billion in the same quarter last year. The sales rise 17.18 per cent to Rs 133.28 billion for the quarter ended September 30, 2012 from Rs 113.74 billion in the year ago period. Yes Bank also reported a 30 per cent rise in the net profit year on year for the quarter ended September 2012 to Rs 306 crore from Rs 235 crore. Also, the net interest income rose 36 per cent to Rs 524 crore from Rs 385 crore a year ago.