Outlook- • The market may open lower tracking weak trade in most of Asian stock. Howerver bout of volatility may not be ruled out after the recent surge in indices. US markets remain closed on Monday. • Wholesale price inflation jumped to its fastest in a year in December, even as statements from the central bank and government officials provide contrasting signals on rates. The wholesale price index (WPI) rose 7.3% inDecember from a year earlier, driven by a near 20% jump in food prices after severe weather hit crops across the country. While central bank officials have been sounding concerned on the inflation front, goverment officials have been sounding wary of monetary tightening and its impact on economic growth.