@ravirajendran, current market value is nothing but total market cap.of nifty companies. market always look for forward p/e multiple for future earning growth . it has nothing to do with current earning growth or gdp no . for example the us gad growth has contracted in range of 2.3%-3.4% ,now for years , still market are up 16-25% up .so, market valuation is different thing.
@TUSHARDEHRA, frist tell me where doji candle form in dow futures or nifty?. you cannot make decision based on doji or any other candlestick formation, it has to be in combination.have u notice that nifty closed below below important support of 9990-10030 now it is resistance and 10000 which is a psychology level.