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Pre-Closing Outlook(12-10-2011)


Following line was told in Pre-open Outlook today;-

RIL and INFY Quarterly results had been Indian markets trend setters many times 

Indian markets saluted INFY quarterly results with more than 2.5% gains and ignored weak IIP data after highy volatile market. Rally is on after completion of yesterday correction. Resistance at 5060 crossed forcefully and continuation of on going rally expected in the coming sessions.