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STOCK MARKETS AT A GLANCE 14 AUG


Market at a Glance


The Indian equity market is likely to open soft today tracking positive Asian markets.
Meanwhile, the investors are keeping an eye over the monthly inflation data for July to be
released later in the day. The ease in the headline inflation would help the RBI ease key policy
rates. Further, the investors will keep a close eye over the release of quarterly numbers, that
will further direct the trend of the market. Meanwhile, the Asian markets are trading steadily
as investors are awaiting a raft of economic data from Europe and the US later in the day.
Japan's Nikkei edged higher, on low volumes due to the holiday season, with the exporters
gaining strength as the dollar strengthened against the yen in the New York. In SGX Nifty,
Aug'12 contract last traded at 5,372, up by 1.00 point from previous settlement.

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Markets at a Glance Indian indices are likely to open lower today, tracking weakness in the Asian markets, as disap-pointing China’s PMI data raised concern over domestic economic slowdown. Meanwhile Asian shares falters on Wednesday on fading hopes of stimulus action this week by the US Federal Reserve and the European Central Bank. The Chinese manufacturing PMI slipped to 50.1 in July from 50.2 in June, the weakest since November 2011, and reflects three consecutive months of decline. However, the Shanghai Composite index edged up ~1% following the comments from Premier Wen Jiabao's that China will step up policy fine-tuning in the second half to support economic growth. The SGX Nifty, Aug’12 contract last traded at 5,239, down by 10.00 points from previous session. Wall Street Update The US markets ended lower after trading in a tight range throughout the day as investors re-mained cautious ahead of the US Federal Reserve and the European Central Bank releasing monetary...

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