NIK's Diary The Indian market is expected to open flat, tracking SGX Nifty, which is trading marginally in the negative in opening trade. Most of the Asian markets, barring Nikkei and Shanghai are trading in the red. The US markets ended the day lower, reacting negatively to the minutes of the latest Fed meeting, which suggested that the central bank could end its quantitative easing program earlier than anticipated. The minutes showed that several members said it would probably be appropriate to slow or stop the central bank's asset purchases well before the end of 2013 as they cited concerns about financial stability or the size of the balance sheet. The European markets ended Thursday's trading session with mixed results. Indian shares rose modestly on Thursday, extending gains for a third consecutive session, as encouraging economic data from the US and China provided optimism that the global economic recovery i...
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