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SGX Nifty indicates a cautious opening for indices ANI Photo Trends on SGX Nifty indicate a cautious opening for the index in India with a 16 points gains. The Nifty futures were trading at 15,879 on the Singaporean Exchange. Global stocks pricec closed flat and bond yields edged lower on Wednesday afther US Federal Reserve Chairman Jerome Powell soothed investor angst by saying a recent inflation spike will fade, helping lift the S&P 5000 to a fresh intraday record. US markets were mixed yesterday with Dow Jones and S&P 500 closing marginally higher while Nasdaq closing marginally lower after Jerome Powell signalled that stimulus will continue until the economy makes “substantial economic progress”.

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