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Indian markets are likely to trade in a range with a negative bias on Friday. The key support level for the index is placed at 6,000 levels. The company Cairn India said the buyback is expected to begin in January 2014 after receiving shareholders' approval through postal ballot process.

(Before It's News) Market Wrap · Natural gas futures rose to a 21-month high · Crude advanced for a second day · Gold futures topped $1,400 an ounce · Copper slumped into a bear market in London · Silver futures for May delivery retreated 1.2 percent Natural gas futures rose to a 21-month high in New York, capping the ninth weekly gain in a record streak, on speculation that forecasts of unusually cold weather next week will buoy U.S.