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World Cues

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Market week ahead(07th- 11th June)

For the past two week gone by, the Indian bourses witnessed a strong pullback from the fall witnessed during the mid-week on account of the Japanese political instability and concerns around European economic recovery, despite strong GDP figures for the fourth quarter.
Even as the market pulled back sharply, hectic buying was witnessed across sectors like metals and telecom that had been battered down during the earlier market fall.
In the coming week ,IIP numbers, US unemployment data, monsoon and new announcements from Germany are expected.