Sensex 29182.95 -498.82 -1.68%
Nifty 8808.9 -143.45 -1.6%
Standard and Poor's expects India to grow by 6.5% during 2013, according to reports.
Reports said that for China, S&P expects the growth rate to move back to eight per cent level in 2013.
In a report on global credit outlook for 2013, S&P said that "the ball is in the policymakers' court" to sustain the recovery in global economy.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.