The outlook is a flat start. Global cues are not really offering much support for a strong upmove. Focus will also be on finance ministry meetings with foreign portfolio investors and local market participants to help simplify various procedures. The rupee could see some weakening as oil importers may be buying dollars. Media stocks could remain in limelight on reports that the Centre is considering various options, including relaxing the foreign direct investment limit to make foreign investment in news media more attractive.
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