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Market Update : Its day of expiry...we will see a close above previous expiry 7500 thats positive for markets...local mutual funds may again be doing buying in midcaps and small caps as it would be month end for nav too...brent in favour of omcs and rate sensitive...china hong kong and nikkie at 3 months high suggests that opportunity is available in panics...also rain and john kerry will be big booster for the sentiments ... {31.07.2014}

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