Market may witness pull-back

After losing 70 points in the last session the market is likely to head northwards on firm Asian indices, which are up around 1% in morning trades. Also today being the last day of derivatives expiry for the June series, investors winding up their position may help the sentiment remain bullish. Among the domestic indices, the Nifty could test higher levels of 4300 and may dip to 4220 on the downside. The Sensex has a likely support at 14300 and may face resistance at 14600.

A late session push by the tech sector helped the US indices end their three-day losing streak, even amid concerns about the manufacturing sector and higher oil prices. While the Dow Jones flared up by 90 points at 13427, the Nasdaq moved up by 31 points at 2,605.

Crude oil prices edged higher, the US light crude oil for August delivery moved up by $1.20 at $68.97 a barrel.