Indian market is likely to remain firm and volatility will be the word for the day.

Market Outlook: Indian market is likely to remain firm and volatility will be the word for the day. The possibility of dip in trading volumes due to a likely decline in foreign institutional participation (FII) on account of the Christmas and New Year celebrations, could add to the volatility while domestic institutions are expected to play a key role in determining the market direction. December series F&O expiration on Wednesday, which is positive, biased to close near 3150 levels.