Investors await the U.S. GDP numbers for the third quarter later in the day and the PCE price index on Friday ahead of the Federal Reserve s rate decision next week.
After all, fresh foreign purchases will be key to revival of the stock market that has slid in the past two weeks after hitting all-time highs in mid-September. But with the surge in global oil prices, US bonds yields and the dollar contributing to fresh risk aversion in emerging markets, including India, brokers and strategists say the mood of the foreign investors remains cautious.
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