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Pre-open Outlook(28-03-2012)

All the Asian markets are in Red today morning therefore sentiment is weak today and firstly negative zone trading will be seen today morning.

Although some confusions regarding GAAR but expected that finally issue will be resolved amicably and Govt. will not annoy FIIs.

Market will remain quiet today but good condolidations base formations was seen between 5175-5225 in previous two sessions therefore expected that follow up consolidations will be seen today and Nifty will not slip below 5175 as well as rally will continue in the coming sessions.