Wall Street gained slightly on Thursday as the Industrial and material sectors surged mitigating the earlier losses followed by not so encouraging numbers from the US Economy.
The Indian Markets are seen opening in a narrow range. The Critical Support for the day is at 4824. On any fall below this level, the weakness can drag the Index towards 4806. Below this level, the benchmark may find next support at 4777 level. On any upside momentum, above Critical, Nifty may face hurdle at 4858. On crossing this level, 4896 may act as the next resistance.
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