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| India Market Update Archive: |
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India Inflation Declines; Auto, Cement Sales Rise Mar 03, 6:20 AM ET |
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| Mumbai stocks edged up in a choppy trading as auto sales and two-wheelers sales rise. Bajaj Auto and Hero Honda report sharp gain in unit sales. Cement companies gained after ACC and UltraTech reported higher shipments in February. The latest wholesale price index showed a slight decline. |
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India Budget Estimates Lower Deficit; Q3 GDP Growth at 8.2% Feb 28, 9:50 AM ET |
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| Stocks in Mumbai trading closed higher after Finance Minister proposed a budget that included 17% increase in social spending and lowered corporate tax surcharge and provided incentives to infrastructure investment. The increase in GDP growth in the quarter to December fell to 8.2%. |
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Sensex in India Gain; Railways Budget $12.7 Billion Feb 25, 7:31 AM ET |
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| Mumbai stocks closed higher as railways minister presented populist budget and plans to extend 1,300 kilometers of new tracks. Minister Banerjee left passenger and freight rates unchanged in her third budget in a row. The largest annual outlay of $12.7 billion will be funded with $4.5 billion debt. |
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Sensex in India Plunges 2.8% on Inflation Worries Feb 24, 6:20 AM ET |
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| Stocks in Mumbai plunged sharply after the latest data showed a stubborn inflation. International markets also declined after crude oil prices touched $100 a barrel, 30-month high. The Sensex dropped 2.8% and automakers, banks and capital goods makers led decliners. |
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Sensex in India Fall 0.8%; Reliance, Fertilizer Makers Rise Feb 22, 7:23 AM ET |
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| Stocks in Mumbai declined tracking losses in Asia after crude oil prices surged more than 5%. Libya gained center stage as popular unrest threatens Col Muammar Gaddafi’s hold on power. The deal between Reliance Industries and BP Plc lifted fertilizer stocks. Airlines and automakers declined. |
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Sensex in India Rallies 1.1%; Gold, Silver Highs Feb 21, 6:04 AM ET |
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| Stocks in Mumbai surged on the expectations of growth oriented budget and higher incentives for export oriented industries. The Sensex index added 1.2% and gold rallied for the seventh day in a row. Steel Authority plans to invest $12 billion to build four overseas steel plants. |
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Sensex in India Drops 1.6%; Reliance, Bharti Airtel Fall Feb 18, 6:43 AM ET |
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| The benchmark Sensex index declined 1.6% after rising more than 4.5% in five days. The rally came to an abrupt halt as telecom license probe widen. Hindustan Lever led gainers in the index and telecom stocks Bharti Airtel and Reliance Communications declined. |
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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