Indian shares dip on weak global cues; autos, FMCG stocks slide

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Indian shares set to dip on U.S. recession fears, China uncertainty

Wall Street equities extended losses for the fourth day in a row, as risk-off sentiment prevailed in the pre-holiday week.

Investors await key macroeconomic data due later this week - housing starts, existing home sales, consumer spending and inflation - for cues into the extent of the Fed policy's impact.

 

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