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Stock Market Live Updates: Asian equities advance ahead of China policy week
Sensex, Nifty, Share Prices LIVE: Asian stocks rose Monday, tracking the US shares higher into a week that includes Federal Reserve boss Jerome Powell’s congressional testimony and China’s National People’s Congress. Japan’s Nikkei-225 Stock Average surpassed 40,000 for the first time as the government discusses officially stating that the country’s economy has overcome deflation, Kyodo reported Saturday, citing several unidentified people familiar with the matter. Oil steadied near the highest level this year after OPEC+ extended its production cuts to stave off a global crude surplus. US crude traded just above $80 a barrel in Asia, holding the level it hit for the first time in almost four months on Friday.