The daily stock report summarizes the market activity for January 7th, 2011. The Nifty index opened flat but then started correcting to remain in a downtrend for the whole day, closing down over 143 points. Support levels for the Nifty are seen around 5880/5855, and below 5855 further falls to 5800/5725 are expected. Resistance is seen around 6010/6060. The report provides closing prices and changes for the Nifty and Sensex indexes, as well as support and resistance levels to watch in the following day's trading.