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Indian shares rebound on fading US rate hike bets

Indian shares rose following four consecutive sessions of losses as fading expectations of a US Federal Reserve rate hike lifted global equities and lowered bond yields. Capital market stocks rallied after regulators signaled changes to derivatives settlement.

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FILE PHOTO: The Bombay Stock Exchange logo is seen under a bull statue at the entrance of their building in Mumbai, India January 30, 2018. REUTERS/Shailesh Andrade/File Photo

India shares rose 0.75% on Friday morning following four consecutive sessions of losses. The rebound came as fading expectations of a Federal Reserve rate hike lifted global equities and lowered bond yields.
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