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Below are Views On Weakness in national macro data and rise in global bond By Vinod Nair, Head of Research at Geojit Financial Services

"Weakness in national macro data and rise in global bond yield ahead of the crucial FED monetary policy meeting dented domestic momentum. Both the inflations of retail and wholesale, inclined higher than estimated while industrial production de-grew in January 2021. However, optimism in European & other Asian markets helped to recover from the sharp initial losses. We can expect this volatility to stabilize based on the global outlook post a confirmation from FED to maintain an accommodative policy"

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