[T.S.R:16549] MORNING GUIDE FOR 24/12/2010

Morning guide: From last 3 days Mkt is looking for direction and hovering around 6000. Decisive move will emerge only above 6050 or below 5950 (Cash). There are rumors that CRR cut may be on the cards. If this happens in next 2-3 days, Mkt may get much needed phillip

At A Glance (at India time)
10:45AM -- Finance minister at commerce and industry meet, Delhi.
10:30AM -- Farm ministry officials at agriculture roundtable, Delhi.
3:00PM -- RBI to announce gilt auction results.
5:00PM -- RBI to detail WMA, FX reserve, reserve money in week to Dec
17.
-- IIP core data for November (likely).
-- Output of crude oil and natural gas for November (likely).
-- Raipur sessions court to deliver verdict in Binayak Sen case

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