Consumer prices rose 5.4 percent last month, according to the survey of 21 economists, which would mark an acceleration from 5.0 percent in October. The data will be released on December 14.
PN Vijay, Portfolio Manager, www.askpnvijay.com feels improvement seen in India's macros has to be backed by good earnings from corporate India for the Nifty to breach above 6,000 levels.