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Equity benchmark Sensex fell over 300 points in early trade on Thursday as spiking COVID-19 cases in the country and poor macroeconomic data weighed on investor sentiment.   After touching a low of 31,362.96, the 30-share index was trading 158.23 points or 0.50 per cent lower at 31,527.52. Similarly, NSE Nifty slipped 33 points, or 0.36 per cent, to 9,237.90. HUL was the top loser in the Sensex pack, dropping over 3 per cent, followed by Kotak Bank, ONGC, Bharti Airtel, PowerGrid, Titan and Nestle. On the other hand, HCL…

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The rupee depreciated 9 paise to close at 75.72 against the US dollar on Wednesday, following a strong American currency overseas and fears of a renewed trade war between the US and China.   Forex traders said the weakness in the rupee was largely due to the strengthening of the US dollar and sustained foreign fund outflows. Moreover, rising coronavirus cases in the country also weighed on the local unit. Rupee opened weak at 75.77 at the interbank forex market and then pared some losses to finally settle at 75.72,…

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Shares advanced in Asia early Tuesday after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies.   Shares rose in Hong Kong, Sydney and Singapore. Markets in Shanghai and Tokyo were closed for a holiday. Wall Street shook off a weak start and ended with modest gains Monday, thanks to another solid showing from big technology companies. A recovery in oil prices was helping drive gains in Asia on Tuesday as the U.S. benchmark added 1.50, or more…

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