BOR: Market Outlook:Indian equity markets are likely to take guidance from IIP data and Inflation which is expected to be on the positive side.

Market Outlook:Indian equity markets are likely to take guidance from IIP data and Inflation which is expected to be on the positive side.

Inflation expected to be 4.43% Jan 31^st.

Nifty Outlook: Pivot level: 2913

R1: 2949, R2: 2973, R3: 3009

S1: 2889, S2: 2853, S3: 2829

Indian ADRs: Satyam up 16%