Elsewhere in Asia, China advanced 4.6%, while Hong Kong, considered a proxy for China in the past week because of the holiday in mainland markets, plunged 9.4%, the biggest single-day fall since 2008. South Korea declined 0.6% and Taiwan dropped 0.4%.
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Nifty shows potential recovery with bullish candlestick patterns, but buying momentum is necessary. Open interest declines and FPIs shift to bearish positions, indicating cautious trading
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