The Dow closed yesterday 276 points up on the back of a $11 drop in oil on 2 days and a 10% down in 4 days coupled with great news from, Intel, Wells Fargo and the Likes. The Asian markets are also up today between one to two percentage points. So where do we land? Especially with the continuing political turmoil and the impending confidence vote and the Inflation figures for the week also due?

For one, the political turmoil will take its toll, irrespective of the government's fate on the 22nd. Inflation for the week should just cross 12 percent and will dampen sentiments to a good extent. But the opening we may have will be in the positive with a 150-200 points above yesterday, going above 13,000 (possibly 13,100 or so) before settling near 12,900. Watch out for a lot of volatility in the Banking stocks and gains to be made in Tech and Oil. Nifty should open near 3,900 and try breaching the 4,000 mark briefly before settling below it. Amen.