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Indian markets shrug off global fears

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  • Published On: September 11, 2007
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Wall Street is sneezing but Indian markets refuse to catch cold. On Friday US markets were rocked by rising jobless numbers, Indian Markets however opened weak but by closing it shrugged-off global fears.Have India's markets decoupled from the US? Those who believe that say that Asia's domestic consumption and intra-regional trade have grown enough to insulate the region from US shocks.
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