Moreover, with domestic markets having retreated from recent highs, and earnings growth estimates being revised downwards, markets are increasingly polarised, said leading money managers during a panel discussion at Business Standard BFSI Insight Summit in Mumbai in November. The benchmark Nifty 50 index may trade within the range of 25,000 to 28,000 next year, according to a survey conducted by Smallcase involving 150 managers on its investment platform.
South Korea’s Kospi was down 0.92 per cent, and the small cap Kosdaq was behind by 1.09 per cent. Australia’s S&P/ASX 200 dragging by 0.98 per cent, and Hong Kong's Hang Seng index was lower by 0.02 per cent.
This came a day after the Bank of Japan maintained its interest rate at 0.25 per cent.Elsewhere, Kospi fell 0.7per cent, while ASX200 was down 1.1 per cent.
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