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Shares climbed from the open in Australia, Japan and South Korea, with the MSCI Asia Pacific Index rising as much as 0.8%. US futures extended their rally from Monday when the cash market was closed. Asian currencies strengthened as Bloombergs gauge of the dollar dropped for a second day. Treasuries climbed.
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Independent research outfits provide stock advice to investors looking for under-researched investment recommendations but do not have the wherewithal to put 50 lakh at one go in Portfolio Management Services (PMS) or 1 crore in Alternative Investment Funds (AIFs).
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To meet redemption requests, the overnight schemes don't have to make any sale transaction before market hours. Instead, these schemes, based on redemption requests, may decide not to reinvest the maturity proceeds to be received on T+1 settlement date.
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