Indian shares fall after IMF cuts economic growth forecast

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Indian shares fall after IMF cuts economic growth forecast
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Indian shares fell on Wednesday after the International Monetary Fund cut its 2021 economic growth forecast for the country, while weak global cues and concerns ahead of the U.S. Federal Reserve policy decision also weighed on investor sentiment.

Asian shares stayed stuck at seven-month lows, as markets continued to digest a storm in Chinese equity markets, while the dollar rested with traders reluctant to place large bets

ahead of the outcome of the Federal Reserve meeting.More from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

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