India Nov industrial growth 2.7% vs 11.3% year ago. India Nov manufacturing sector growth 2.3% vs 12.3% yr ago
Although market reacted and declined sharply but recovered also immediately and reacting in most volatile manner. It has to be kept in mind that Indian economy growth can not be evaluated from one weak IIP data but market react in its own manner.
Although sentiment is extremely depressed but 5690 will be watched for down move confirmations. News based voltality,let market form its base and according to that final view will be formed.