The Indian stock Market is assumed to start with some towards good uptime but may seem to be weakening in afternoon and may again cover up in the end. Overall market is assumed to end up flat or having uptime. 

BSE Sensex: (9536) The support for the Sensex is 9321-8940 and the resistance to the up move is at 9705.

Nifty: (2848) the support for the Nifty is at 2746-2630 and the resistance to the up move is at 2900.

            Inflation came down a lot but this is a sign of slowdown, so if u want to buy some PSU banks for short term trading prospective, It would be better for short term profits. We would suggest mid-long term investor to wait, as the market would again go down.