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The Economic Times

Markets / The Economic Times

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Australian shares rebound from 3-week low on mining boost; banks drag

Indian shares rebounded on Wednesday after hitting a three-week low. Gains were driven by iron ore and gold miners. Financial stocks saw a dip as inflation remained a concern. Investors are now watching for quarterly inflation data. This will influence the Reserve Bank of Australia's monetary policy meeting in February. The market anticipates a potential rate hike.

7 Jan 2026 12:21 pm