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Pre-Closing Outlook(13-02-2012)

Indian markets completely under performed Global marktes today. Most of the Asian markets except SSEC closed more than half pct. up while Indian markets traded most of the time with marginal gains and in negative zone.

Indian markets moved up after all the European markets more than 1% positive trading and Dow'Futures turning 86 points up.

As today up moves from lower levels are lacking force and on the back of strong European markets news also therefore next upmoves confirmation is required tomorrow from sustaining above 5427 despite good recovery from intraday lower levels today.