For most days in the last week, the Indian markets fell as of the weak global cues and profit booking. But the strong FIIs buying saved the markets from a drastic fall. The Indian markets last Thursday remained closed on the back of May Day. Nifty closed at 6694 down around 1.3 per cent on a weekly basis. For the week, Nifty has support at 6650 and resistance at 6870.

Sectoral growth
In March, the growth in the output of the eight core sectors fell to 2.5 per cent from 4.5 per cent in the previous month. The official data showed that for 2013-14, the production in these sectors rose 2.6 per cent which was the lowest in at least nine years. The core sector growth for 2012-13 stood at 6.5 per cent.