Indian market traded in a very volatile session with BANKING STOCKS as major losers while METALS and AUTO traded strong. The SENSEX closed at 19933, up 68 points from its previous close, and Nifty closed at 5998, up 10 points. The CNX MIDCAP index was up 0.1% and the BSE SMALLCAP index was down 0.9%. The market breadth was negative with advances at 440 against declines of 874 on the NSE.

The top Nifty gainers were HERO HONDA, HINDALCO, CIPLA and BHARTI and losers included RCOM, RELIANCE CAPITAL, ICICI BANK and CAIRN. The FIIs were the net sellers with sales to the tune of Rs 452.71 cr (prov cash market fig.) Next Day Trading Session: In the next session, NIFTY if sustain above 6030, may attract good buying 6120-30 may act as a major resistance.

However, 5959 and 5926 may act as support for NIFTY AND 5870 may act as major support level. METALS, PHARMA and AUTO may again attract buying while BANKING and RELA ESTATE may face selling at gains. Fundamental View: Fairwealth Research Team Fundamental Picks Investors who have a horizon of 6-12 months can buy the following companies.

The companies have potential to give higher returns than index over a long term. Corporate Highlights The public sector Canara Bank would launch 105 branches and ATMs each, across the country on November 19, its founder's day, to commemorate the bank's 105th year of service to the nation.

Finance Minister Pranab Mukherjee would inaugurate them in New Delhi. Honda Motorcycle and Scooter India (HMSI), a subsidiary of Honda Motor Company, will soon set up its third two-wheeler manufacturing facility near here with an investment of Rs 1,000 crore, a government official said.