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“The 15% export tax will reduce the margins on steel exports, which were attractive for the last year due to lower exports from China (due to its de-carbonisation drive) and higher energy prices in Europe,” the brokerage said.
Tech view: Nifty forms Spinning Top, analysts say no strength on either sideDuring the session, Nifty formed a small bullish candle, or Spinning Top, on the daily chart. However, it remained restricted within the high-low range of the previous session, indicating absence of strength on either side.
… Read MoreFlipkart, Amazon race to bag ABFRL stakeFlipkart may have the edge; move may bring in ecomm firm as strategic partner
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… Read MoreS&P ends choppy session lower as US stimulus talks drag on"As long as she keeps dangling the carrot out there that there's still a chance that something could get done investors continue to remain optimistic," said Michael James, managing director of equity trading at Wedbush Securi… Read MoreStocks in the news: Asian Paints, Bajaj Auto, Bharti Infratel, HDFC AMC & Zee EntertainmentHere are a few stocks that may buzz during the day:
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… Read MoreSGX Nifty down 20 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 20.60 points, or 0.17 per cent lower at 11,908.80, in signs that Dalal Street was headed for a negative start on Thursday.
from Stocks-Markets-Economic Times https://ift.tt/3dNz… Read More
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