Tuesday 8 March 2016

Nifty may open down; Asia trades mixed tracking weak US close

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The SGX Nifty, trading down 7.50 points at 7503.00 at 7:29 AM indicates a negative opening for the 50-share Nifty on Tuesday. 

Asian markets were trading mixed following a mild finish from US equities overnight. Revised government data showed the economy shrank at an annualized 1.1 percent in the final quarter of 2015. China's February trade figures are also due.

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