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Stocks opened higher today and have moved around in positive territory as investors feel for a bottom. Wall Street remains cautiously optimistic despite bearish economic outlook.

The stock market recovered from earlier losses after a string of poor economic data threatened to curtail recent gains. The housing market may be forming a bottom, however.

Key equity benchmark started on a flat note, reflecting hurt sentiment by a patchy global growth outlook and weak data from Europe. However, the losses were limited as robust US economic figures overshadowed worries about automatic spending cuts hurting the US economy. Currently Sensex is down 136 points or 0.72 percent at 18782, and the Nifty down 48 points or 0.85 percent at 5671... Get Stock Tips Here- http://sharetips-capitalvia.com

Energy stocks were up but mostly stagnant today as dueling economic elements and general market haziness had investors playing it safe. Smaller energy companies appeared to have the most luck, as lower risk looked more appealing.

Stocks fall hard as markets react to Operation Twist and the financial crisis in Europe. Investors worry about lack of growth in U.S., and deterioration in Europe.

European debt crisis plus the possibility of a U.S. recession are combining to produce a major buying opportunity at current levels, or a plunge below DJIA 10,000.