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Here Are a Few Relevant Results "TATA"

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  • WTI Crude oil futures came off their three month highs as markets eyed the weekly US energy stockpiles data to be released later today. The commodity currently lingers at $57.16 per barrel, unchanged on the day. Weakness in European equities also weighed on the oil futures after recent surge. MCX Crude oil futures are currently trading at Rs 4078 per barrel, down 0.27% on the day.

    Global manufacturing dataflow remains weak. Eurozones private sector rose at the fastest pace in three months in February, led by stronger growth in services while manufacturing contracted, preliminary survey data from IHS Markit showed today. The flash Composite Purchasing Managers Index (PMI) edged up to 51.4 from 51 in January. The Services PMI climbed to a three-month high of 52.3 from 51.2 in January.

    However, manufacturing sector contracted in February with the PMI falling to a 68-month low of 49.2 from 50.5 in the previous month. The manufacturing sector in Japan also slipped into contraction in February, the latest survey from Nikkei revealed with a 32-month low manufacturing PMI score of 48.5. Thats down from 50.3 in January. The deterioration in the manufacturing sector reflected stronger falls in production and new orders.

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