Market
Outlook
Trend in
investment by foreign institutional investors, trend in other global emerging
markets and the movement of rupee against the dollar will dictate near term
trend on the domestic bourses. Auto stocks will be in focus as automobile firms
start unveiling sales volume data for December 2013 from Wednesday, 1 January
2014. Market Economics will unveil HSBC India Manufacturing PMI, which gauges
the business activity of India's factories, for December 2013 on Thursday, 2
January 2014.
Technical
Levels: Resistance 6390-6420-6460-6510. Support
6330-6290-6220-6170.
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