India’s ‘Macro Concerns’ Will Hold Nifty Below 11,000, CLSA Says

Gold Silver Reports (GSR) – India’s ‘Macro Concerns’ Will Hold Nifty Below 11,000, CLSA Says – NSE Nifty 50 Index won’t cross the 11,000 level in 2018 as concerns about the revenue and fiscal deficits, higher oil price and inflation, new taxes on equity gains and political uncertainties will continue to linger on and impact returns, CLSA India Pvt. said in an investor note Monday.

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Nifty Weekly Forecast: Inflection Point Coming Up

SGX Looks to Bypass Curbs Placed by Indian Bourses

Gold Silver Reports – SGX Looks to Bypass Curbs Placed by Indian Bourses — The Singapore Stock Exchange (SGX) on Sunday said it will develop new products to provide investors with access to Indian securities after exchanges in the country abruptly decided to end licensing their products and data to overseas bourses.

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Europe Stocks Halt Selloff; Dollar and Oil Fall

Gold Silver Reports – Europe Stocks Halt Selloff; Dollar and Oil Fall — European stocks advanced, poised to help draw a line under recent global equity declines, even as the region’s common currency strengthened. The dollar dropped after President-Donald Trump’s State of the Union address offered few new clues on U.S. policy, and bonds gained as the Bank of Japan increased asset purchases.

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