Morning start...fkli soft 1517-20 fcpo soft 3260-70

DJ -40, quiet day for stocks with players chasing GOLD. Europe marginally lower, within -0.4% range.

8.20 : DJ futs -32. Regional softer tone, -0.5%. GOLD at record lvl, above $1400., up about 28% ytd. CO flat

fkli : likely to see defensive play unless fbm can > 20 to sustain fkli at 20-25 range. Amid external weakness, suprise on the upside. Immediate support is 17, followed by 13. Sell tone in fbm <17.

Fcpo : SO -0.5% pullback effect continues after late selling yesterday. Below 3270 is sell tone. If 3250 breaks, fcpo is seen taking 3200-50 range