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Markets may gain on global support

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1 Markets may gain on global support on Tue Jan 29, 2013 9:29 pm

The Indian markets may open in the green zone led by positive Asian cues. SGX Nifty is also trading 9 points higher in trade today.
Indian Indices:
The Indian markets are likely to open in the green terrain tracking positive Asian peers. SGX Nifty is also trading 9 points higher in today's trade.On Tuesday (January 29, 2013),the nsex. Sensex closed at 19,990.90, down by 112.45 points while Nifty closed at 6049.90, down by 24.90 points.
Global Indices:
Asian markets are trading higher today (January 30, 2013), cautiously awaiting local corporate earnings report and the US Federal Reserve's monetary policy decision due later in the session, while taking comfort from improving global economic prospects.European markets ended Tuesday's (January 29, 2013) session with mixed results. Investors were cautious ahead of announcement from the US FOMC and are watching for key US economic data this week, including GDP on Wednesday and the jobs report for January, which is due to be released Friday.
Commodity cues:
Crude oil prices fell on Tuesday.

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