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Markets in Asia-Pacific, too, followed suit this morning and edged lower in trade. Key indices like Nikkei 225, the S&P 200, Kospi, Kosdaq, Topix, Hang Seng, and Shanghai Composite declined up to 1 per cent.
Meanwhile, in the commodities market, prices of Brent Crude and WTI Crude climbed over 0.7 per cent each to $80 per barrel, and $75 per barrel, respectively, amid renewed demand hopes on China easing covid-19 curbs.
Back home, shares of Hindustan Zinc will be tracked after the company plans to invest around Rs 8,270 crore to convert its diesel-fired mining vehicles into battery-operated.
Besides, shares of Axis Bank will be in focus after the private sector lender hiked marginal cost of funds-based lending rate (MCLR) by 30 basis points.
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