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March 12, 2014Time: 1 pm
- Markets are trading within the expected range with volatility.
- Markets are likely to consolidate.
- Nifty may close plus or minus 25 points at the end.
- Europe is likely to open lower.
- China and Ukraine concerns are dominating the markets.
- China may cut reserve ratio to spur the economic activities.
- If they do it, one more wave of bull run can be seen in the world markets.
- Defensive sectors are doing well today.
- Banking stocks are volatile.
- Nifty future is expected to close between 6520 and 6580.
- Today evening IIP data and Inflation data will be declared.
- If those data are good, then markets will resume its uptrend tomorrow.
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