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Equities seen lower on weak global cues

posted May 6, 2008 - 12:35am
Equities seen lower on weak global cues

Equities are likely to open lower mirroring the trend in global markets.US stocks fell on Monday, with financial shares facing the maximum brunt on fears of Bank of America Corp likely to abandon its deal to buy Countrywide Financial Corp. Record oil prices above $120 a barrel also weighed on sentiment.


Website: http://economictimes.indiatimes.com/Equities_seen_...


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