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The S&P BSE Sensex opened on a positive note and hit fresh all-time high led by gains in power, capital goods and auto sectors.

"The market is likely to be driven more by global cues than local factors for now. Investors could get a bit unnerved as FIIs and DIIs turned net sellers on Tuesday. Global cues will play a major factor in the coming days for want of other reasons. Investors will closely watch the developments in Japan and newsflow from Germany," said IIFL report. 

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