http://news.scoopasia.com - Benchmark indices are higher, led by volatile trading of FMCG and IT shares.Meanwhile closed , the center bloated budget deficit to nearly 63 % of the budget estimates for 2013-14 in just the first four months of the year.The deficit stood at Rs 3.40 lakh was bound crore in April-July period , 62.8% of crore Rs 5.42 lakh in the budget , according to the controller General of Accounts (CGA ) published . the 30 - share Dow ended 219 points to 18,620 and the 50 -share Nifty ended up 63 points at 5,472 .

http://niftytips.org.in - Markets were much affected by rupee volatility last week and weakness in rupee dragged indices towards deeper supports but gained in last few sessions and closed on a satisfactory note. Nifty future on weekly charts is exhibiting the reversal pattern which indicates certain correction where 5630 will act as stiff resistance around the trend line while global markets and rupee volatility are playing key events in markets.

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http://stocktips.org.in - Markets hit upon their crucial marks with one sided buying sentiments prevailing from the start of the session due to appreciation in rupee and strong exports data. Nifty future opened above the 100 day EMA and was able to maintain on higher side for the whole session. The downward channel pattern on daily charts give us the target of 6000 which may act as stiff resistance in intraday session while any correction will find support in the range of 5850-5800.