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28 Aug 2022

Global cues will set trend for Sensex & Nifty

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Sensex & Nifty are expected to open sharply lower on Monday amid tracking global markets reaction to Fed chair Powell comments on rate hikes and inflation. In the coming week, US non-farm payroll data and Eurozone inflation data will be keenly watched as these data points would influence Fed and ECB pace of rate hikes during September policy-meeting.

author dp
C S S Nikhil Bhargav
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