Major Asian stocks opened higher, before turning mixed, on Tuesday as investors bargain-hunted following sharp falls in the previous session on fears over an economic slowdown. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.31 per cent lower.
A little unfortunate is that our growth rate in this quarter will be flattish. We are coming out of low growth and this year, full
Public sector banks were among the biggest losers, with Bank of India, Union Bank of India, Indian Bank, and Bank of Baroda dropping nearly 4%.
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