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Macro-data, political concerns to flare volatility in equity indices
TIWN
TIWN
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Mumbai, Nov 24 (TIWN) Macro-economic growth data along with high valuations and political concerns over the stability of Maharashtra state government are expected to induce volatility in the key domestic equity indices during the week ahead.
"Market is likely to remain range-bound next week as it awaits fresh triggers on developments around the US-China trade deal and India`s July-September GDP data due next week," Motilal Oswal Financial Services` Retail Research Head Siddhartha Khemka told IANS. "The GDP data is likely to indicate whether the slowdown in the Indian economy has deepened or not."
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