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Benchmarks indices continued trading range-bound in the afternoon trade, with the Nifty hovering around 9500 level following correction in Asian peers.
Asian shares were hit by dismal performances of European and US markets. The MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7%, after hitting a two-year high on Thursday. It is up 5.3% for the quarter and has risen 18.3% this year.
The negative sentiment infected Chinese shares despite surveys showing activity in the country's manufacturing and services sector accelerated in June from the previous month. Japan's Nikkei tumbled 1.2%, shrinking its monthly gain to 1.7%.
Asian shares were hit by dismal performances of European and US markets. The MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7%, after hitting a two-year high on Thursday. It is up 5.3% for the quarter and has risen 18.3% this year.
The negative sentiment infected Chinese shares despite surveys showing activity in the country's manufacturing and services sector accelerated in June from the previous month. Japan's Nikkei tumbled 1.2%, shrinking its monthly gain to 1.7%.
