The start is set to be a little muted as indices catch up with the movements across the globe. The movement of a day up, a day down has been on for a while now and indices will look at breaking out of the 5640-5740 sooner than later. US indices ended slightly lower. The Federal Reserve's latest policy statement has no indications of any major change to interest rates or the central bank's plan to stimulate the economy through large bond-buying programs.Stocks like Cairn will continue to remain in focus as investors speculate on the quantum of dividend the company may declare.
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