Wednesday, 17 May 2017

Sensex, Nifty edge lower after hitting record highs >> Commodity Tips, Ncdex Tips and more- HURRY UP Get your Offers-


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Indian shares edged lower after hitting fresh highs earlier on Wednesday, as political turmoil in Washington spooked global investors, sending Asian markets lower.

U.S. share futures and the dollar tumbled on reports that President Donald Trump had asked then-FBI Director James Comey to end a probe into Trump's former national security adviser, raising questions over whether obstruction of justice charges could be laid against the U.S. President.

Analysts also warned about near-term corrections in Indian markets after a remarkable run. Since crossing the 9,000-mark on March 14, the broader NSE Nifty has risen around 5.7 percent in just over two months and is the biggest percentage gaining Asian index so far this year as of Tuesday's close.

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