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USDINR opened at 60.85 against its Friday close at 60.81
Nifty down more than 40 points with 42 components in the red
The British pound rose sharply after early results from the Scottish independence vote reinforced expectations Scotland would remain in the United Kingdom, while Asian shares gave up some of their earlier gains
India and China have signed agreements to boost their commercial and trade ties.
Exporters are leading the gains on hopes they are better placed to weather any Fed-related volatility.
China will not dramatically alter its economic policy because of any one economic indicator
The Federal Reserve should start raising U.S. interest rates in the spring, earlier than many investors currently expect, and should do so both slowly and gradually.
The Fed issued a policy statement at the close of last week's two-day meeting that suggested the first rate hike wasn't due until around the middle of next year.
Euro crisis returns
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