The Indian stock market may open on a cautious this morning, tracking mixed global cues. Some bargain hunting and short-covering may lift a few front line stocks to higher levels in opening trades, but only few may be able to sustain the gains. Worries about monsoon and the rupee's weakness against the dollar appear to be weighing on the market.
Expect a listless start for stocks on the Indian bourses this morning, as investors will be somewhat cautious after two successive days of sharp losses. Though Wall Street ended higher overnight, Asian markets are turning in a mixed performance today.
Nifty though may find support at 8100-8090 levels while on upper side a stiff resistant may be found at 8140-8150 levels.
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