The nifty's further movement will decide only by the dollar movement. if dollar weaken further see upmove in nifty and any strenth in dollar will bring slip down as per sources forex market is very much larger than equity market. fii's who are holding longs in dollar hedging their position by buying asian equities. if dollar starts to get stenthening they will release hedging by selling asian equities.

Bbreak-out above 6244 or break-down below 6044 will take market another 200points in the same direction. the stoploss for bulls and the fresh entry point for bears now placed at 6044. the stoploss for bears placed at 6244-spot.

The country's fourth-largest telecom operator, Tata Teleservices (TTSL),  today said it has crossed the 80 million subscribers mark with the addition of 2.14 million new subscribers in September this year. TTSL added 2.14 million new wireless and wireline subscribers in the month of September to take its client base to 80,306,495 users, TTSL said in a statement. Tata DoCoMO is the first private mobile service provider to announce the date for launching the much anticipated third-generation (3G) mobile services.  The company aims to get a head-start and plans to introduce high-end services such as ultra-fast internet, videoconferencing and other 3G services by Diwali (November 5th 2010), its executive president, mobility business division, Deepak Gulati told ET.