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are likely to exhibit strength amid steady foreign flows, softened crude oil prices, and retreating dollar.
Globally, though the US stock markets were closed on Thursday account of Thanksgiving holiday, the stock-index futures continued to trade in positive territory Friday as investors’ sentiment remained upbeat.
Markets in Asia-Pacific, meanwhile, inched higher this morning as Nikkei 225, the S&P 200, Topix, and Hang Seng indices rose up to 1 per cent.
On the commodities front, prices of Brent Crude trimmed week’s losses and edged up in early trade. Brent Crude hovered flat at $85 per barrel, whereas WTI Crude climbed 0.2 per cent to $78 per barrel.
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Back home, shares of Tube Investments of India will be in focus after the company acquired 50 per cent stake in X2Fuels and Energy.Besides, shares of Chennai Petroleum and IOC will be closely tracked after they inked a pact for 9 million tonne per annum refinery and petrochemical projects in Tamil Nadu.
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