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MARKET EYE-SGX Nifty falls on liquidation talk, Fed minutes
February 21, 2013 / 3:13 AM / 5 years ago

MARKET EYE-SGX Nifty falls on liquidation talk, Fed minutes

* Nifty futures on the Singapore Exchange down 0.6 
percent, while the MSCI-Asia Pacific index, excluding Japan  
 fell 1.44 percent.          
* Asian shares fell and the Australian dollar eased on Thursday
as risk sentiment was shaken by talk in global markets overnight
that a hedge fund had been liquidating large positions in
commodities, as well as worries the Federal Reserve could slow
its bond buying programme.   
* Foreign investors bought 4.33 billion rupees of stocks, while
domestic institutions sold 5.91 billion rupees of stocks on
Wednesday, when the BSE index rose 0.04 percent.  
* Shares are expected to be range-bound until the 2013-14 budget
is unveiled on Feb. 28. The budget session of Indian parliament
begins.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)

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