Indian stock market is trading in very critical zone. Stock specific action can be seen today. Global cues and Q3 numbers will play important role today.
Nifty spot if manages to trade and sustain above 5270 then we can see some recovery and if Nifty spot breaks and trade below 5220 then some profit booking can follow in the market. Please note this is just opening view and should not be considered as the view for the whole day.
Important USA data to be released today:
1. Chain Store Sales
2. Jobless Claims
3. Productivity and Costs
4. Bloomberg Consumer Comfort Index
5. EIA Natural Gas Report
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