Indian Equities Traders Seek Cues from Election Shadow Bets

MUMBAI, May 22 Traders in India39;s stock markets are turning to illegal election betting platforms for clues to combat the uncertainty facing citizens and markets alike regarding the outcome of a long general election. Weeks before vote counting set for June 4, stock markets are closely tracking shadowbetting platforms that are flourishing nationwide, with wagers […]
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Indian Shares Muted, Fed Minutes in Focus

BENGALURU, May 22 Reuters Indian shares struggled for direction on Wednesday, as investors avoided large bets due to uncertainty around the outcome of local general elections and ahead of the Federal Reserve minutes due later in the day. The bluechip NSE Nifty 50 was up 0.19 at 22,571.1 points, while the SP BSE Sensex added 0.23 to […]
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Carmakers, Inflation Jitters Drive European Stocks Lower

European automakers skid to 3month lows Investors await Fed minutes, Nvidia earnings MS soars after reporting jump in annual profit May 22 Reuters European stocks slipped on Wednesday, hurt by a selloff in automakers following a report about possible Chinese tariffs on imported cars and a strongerthanexpected British inflation data further dampening the mood. European […]
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London Stocks Slip as Inflation Falls Less than Expected

FTSE 100 down 0.3, FTSE 250 off 0.4 Marks Spencer soars on annual profit boost Mitchells Butlers up after annual results at top end of consensus British CPI rose to 2.3 in April May 22 Reuters Britain39;s FTSE 100 stock index hit a twoweek low on Wednesday as slowerthanexpected deceleration in Britain39;s inflation knocked off […]
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European Autos Stocks Hit on China Tariff Jitters

LONDON, May 22 Reuters European autos stocks were the worst performing equity market sector on Wednesday, following a report that suggested there was potential for China to impose higher tariffs on cars. A governmentaffiliated auto research body expert told China39;s Global Times newspaper that China should raise its import tariffs on large gasolinepowered cars to 25, as […]
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