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Key Levels: More upside above 15,350

The markets are likely to open on a positive note owing to strong cues from the global markets. Reliance is likely to be in focus today ahead of its Q1 numbers. - FIIs raise stake in Nifty firms to 43% - Infra growth, strong earnings propel markets - KEC Int hits 52-week high on Rs 471cr order - Nifty ends up 129pts - Markets surge to higher levels - Mahindra Satyam tops value, volume chart on both exchanges The Sensex needs to sustain above 15,350-today for further upside. In case, the index sustains above 15,350 for most of the day, then the index may rally up to 15,500-15,700. On the downside, 15,060-15,100 could be a key support today. The NSE Nifty may face resistance around 4,570-4,600. On the downside, the index may find support around to 4,475-4,445.


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