Wednesday, 4 May 2016

MarketMagnify: Nifty likely to open lower tracking weak global cues

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Nifty, which ended at its three week closing low on Tuesday, is likely to open lower tracking weak domestic and global cues. SGX Nifty was trading at 7,753 level, down 28 points

International Monetary Fund (IMF) on Tuesday warned of growing inequality in India and China as the rural-urban divide widens. However, IMF also said that growth in India will continue to grow at healthy 7.5 percent for the next two years.

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