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Stocks took a major dive today as investors became fearful of growing uncertainty in Europe and increased volatility in the market. All sectors closed fell lower.

Despite mediocre earnings and uncertainty from Europe, valuations and technical indicators are bringing out the bulls on the market. Will the streak continue?

The euro swung from plus to minute this morning, suggesting a possibility of a new uncertainty. Look for the DJIA to trade in the range of 12,800 - 12,935.

Some, but not all negatives spooking the market can vanish. The impact of foreign recessions on the U.S. is the big uncertainty. The DJIA headed for 12,300 - 12,400.

The failure of the Super Committee and the ongoing crisis in Europe has created a confidence crisis for investors and the market, but will this uncertainty drive a another downturn?

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The logistics and shipping sector in India has translated to be a priority area. Interestingly, amidst all the global economic uncertainties the Indian transportation and logistics industry is set to witness a northbound trend. Although the global recession has left a mark on the fast paced Indian market to an extent, but backed with strong fundamentals and consistently rising demand the economy in general and logistics sector in particular are expected to turn the tide and sail through the tough times.To analyze and decipher such path breaking avenues - which may be safely identified as the existing and upcoming opportunities in all the three modes, services and infrastructure pertaining to the logistics sector is the broad objective of the report.

With uncertainty reigning in the European markets, which was triggered by the sovereign debt crisis in Greece, the government should consider extending focus market benefits to left over European countries, urged the Federation of Indian Export Organisations (FIEO) on Friday.

Focusing more on domestic demand rather than exports will help the developing economies to counter the global uncertainties, Prime Minister Manmohan Singh said at the G-20 Summit in Toronto on Sunday.

India has cleared on Friday that it will keep unwinding economic stimulus deployed during the financial crisis and continue raising interest rates despite uncertainty linked to euro zone's debt woes.

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Continued uncertainty from Europe continue to shake up the U.S. market. Stocks swung aggressively, overshadowing positive economic numbers as EU leaders remain indecisive.

It's Friday after a hectic week and a sharp two-day rally. Some profit taking likely with weekend uncertainty looming. Bulls have a slight edge.

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