to hold the market above 7200. Defensive stocks did well like FMCG, IT and few pharmaceutical stocks. International markets are also displaying similar type of trend. They are trading with minimal gains or losses on day to day basis. On the currency front it remained unchanged around 59 levels. It has made a low at 58.33 some two weeks back but due to an intervention of RBI it turned weak and closed at weekly highest levels which at 59.21. It will shape up after the announcement of the credit in the coming week. We are expecting surprises from the credit policy on the positive side even though the consensus is close to unchanged. For retailers our advice is to buy frontline index based stocks between the range of 7250 and 7150 with a medium to long term view. Sector specific: we like Pvt. Banks, Infra & Capital Goods and Metal stocks at each major supports.