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Amid a host of weak macro cues, the benchmark indices looked set to extend their fall to a third day in a row. Furthermore, volatility could remain high on account of monthly F&O expiry.
The US markets traded with caution on Wednesday amid crude oil disruptions, inflation and ongoing debt ceiling debate. Overnight, the Dow Jones and S&P 500 index bounced back a wee bit in green, but Nasdaq however, ended 0.3 per cent lower. This morning, the Asian markets are trading on a mixed note. Shanghai and Straits Times are up, while Nikkei and Hang Seng are down.
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