Markets look poised to break out of the trading range and move higher. The consensus on the street is that the outlook is turning distinctly positive. Q1 results however remain the key concern. Maruti, JP Associates and a couple of other mid cap companies disappointed the street. Reliance, L&T and some other important results which are expected today can potentially change the direction of the markets. In addition to this the Credit Policy announcements make it an extremely decisive trading day.
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