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Indian shares declined on Wednesday, dragged by information technology (IT) stocks, as caution prevailed across markets ahead of the U.S. Federal Reserve’s rate decision later in the day.

May 3, 2023

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Dear Trader… Indian equity markets closed in the red on Wednesday as traders were cautious ahead of the Federal Reserve decision later in the day where policymakers are expected to raise interest rates. The odds of the Fed hiking rates by 25 basis points were at 87.4% when domestic markets

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