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Wednesday, June 22, 2011

MRKT ALERT 7.04 PM

MARKETS TRADING WITH POSITIVE BIAS AHEAD OF FED OUT COME WHICH IS EXPECTED AFTER MARKET CLOSE TONIGHT/ INTREST RATES EXPECTED TO BE LEFT UNCHANGED AND FED IF EXPECTED TO MAKE COMMENTS ON ECONOMIC OUTLOOK AND QE2 STIMULUS PACKAGE WHICH IS EXPECTED TO CLOSE BY NEXT FORTNIGHT/ MEMBERS ADVISED TO TRADE LESS AND NOT CARRY OVER POSITIONS...!!!