''For today's trade market likely to trade in the range between 6,745-6,770 in the upper side and 6,710-6,670 in the lower side,'' said the broking house Indira Securities.
Indian equity benchmarks closed with moderate losses in Tuesday's trade. The sentiments were on pessimistic note after the WPI snapped a three-month easing trend which would give the Reserve Bank of India (RBI) less scope to support the economy amid fresh signs of slowdown. The annual rate of inflation, based on monthly WPI, edged higher to 5.70%, from multi month low at 4.68% (provisional) in month of February, 2014, as compared to 5.65% during the corresponding month of the previous year. Traders were seen piling positions in IT and TECK stocks while selling was witnessed in Realty, Metal and Bankex sector stocks.