The BSE Sensex, last week closed below 19500 points, indicating a low grinding trend. The Nifty, on the other hand, is drifting away from the 6000 mark. Last few trading sessions have been disappointing for the market. Indicators from global front are not strong enough to give a push to the market today. Lack of domestic participation is also limiting the upward movement of the market. Indian Oil Corp (IOC), the country's largest fuel retailer by sales, has hiked petrol price by Rs 1.50 paisa per litre and diesel prices by 45 paise per litre on Friday, so stocks of oil marketing companies will be tracked very closely today....
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