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The current week was significant with the meeting of the European Central Bank and testimonies by the US FED Chairperson Janet Yellen. Fear mongering reached its zenith running into the events especially the US FED meeting in Mid December. Markets are likely to behave very differently from what people believe and here is what has happened and is likely to happen going forward.

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Jain Irrigation shareholders approve raising Rs290 crore

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It opened higher on the slightly better than expected GDP fig of 7.4 per cent. Intra day support is pegged at 7949 and 7921 points.

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