GOLDEN RULES FOR TRADING

FREE DAILY SECTORS ALERT - 05.12.2013

* AGRICULTURE: Maharashtra Cabinet approved a proposal of to enact a legislation to link sugarcane price to income of mills, as suggested in the C. Rangarajan Committee report on sugar decontrol.

* AUTOMOBILES: Honda Cars is looking to hike prices of its entire product range in the country from the first week of January.

* AVIATION: The government plans to hand over operations and management of six airports--Chennai, Kolkata, Ahmedabad, Guwahati, Jaipur and Lucknow --to private parties.

* BANKING: General perception amongst banks that credit risk in lending to small and medium enterprises is "very high" is a wrong notion, RBI Deputy Governor Chakrabarty said.

* ECONOMY: JPMorgan has warned of external threat to India 's economy despite the decline in the current account deficit to 1.2% of GDP in Jul-Sep.

* ENERGY: India taking steps in right direction to attract investors for hydrocarbon exploration, but many challenges lie ahead in unconventional hydrocarbons exploration, International Energy Agency said.

- India and Japan are in the process of working out modalities for joint purchase of LNG and will finalise a framework for the same within three months.

- The Organization of the Petroleum Exporting Countries has said world oil demand in 2014 will rise by 1 mln bpd to average 90.78 mln bpd.

* ENTERTAINMENT: Mexico-based Cinepolis has signed up with mall developers to open 50 screens in Andhra Pradesh with an incremental investment of 1 bln rupees over the next 30 months.

* EXCHANGES: The reporting platform developed by Clearing Corp of India Ltd for over-the-counter foreign exchange and interest rate derivatives will be operational from Dec 30.

* PHARMACEUTICALS: The National Pharmaceutical Pricing Authority has set new ceiling prices for 18 formulations in the latest round of new drug pricing policy. Government may issue compulsory licenses on some patented diabetes drugs to make them more affordable and accessible.

* REGULATORY: The Securities and Exchanges Board of India has simplified dematerialised account opening process for trading in the securities market.

- The Securities and Exchanges Board of India has sought clarifications from the merchant banker of Great Eastern Energy Corp regarding the company's proposed initial public offering. The government is likely to approve a second term for UK Sinha, the chairman of Securities and Exchange Board of India.

* TELECOM: Vodafone will invest $3 bln in India over the next two years to expand its network, especially in rural areas.