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Benchmarks likely to make cautious start; macro-economic data eyed
India, July 12 -- Indian markets gained traction and ended higher on Thursday as possible interest rate cuts by the United States' Federal Reserve lifted sentiments across the Asian markets. Today, the markets are likely to make a cautious start ahead of macro-economic data and US-India trade talks beginning later in the day. Market-men will be eyeing on the macro economic data of industrial production for May and consumer price inflation for June to be released after the market hours. Besides, India and the US would meet on July 12 to discuss various trade and economic issues and strengthen bilateral relations. US President Donald Trump has been asking India to reduce customs duties on US products further. Investors will also looking for I...
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