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Indian stocks edge lower

Xinhua, May 6, 2016 Adjust font size:

Indian stocks edged lower Friday on caution ahead of a U.S. payrolls report for April that could influence bets on future Fed rate hikes.

The benchmark S&P BSE Sensex closed at 25,228.50, 33.71 points or 0.13 percent down from previous close of 25,262.21, with a turnover of 396.48 crore rupees (about 59.6 million U.S. dollars).

The domestic market logged its second consecutive weekly loss due to such fears of a rate hike by the US Fed. Endit