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Tuesday November 21st 2017

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Indian Market Ends Firm


After last week’s flat close, the Indian market rose sharply on Monday notwithstanding mixed Asian cues and the differences of opinion on key issues at the G20 summit in Toronto. A pullback in European stocks following a four-day retreat and higher U.S index futures obviously helped lift sentiment.

Closer home, the government’s path-breaking decision over the weekend to free petrol prices and hike kerosene, diesel and cooking gas prices also raised expectations of more reforms in the coming months.[Read More]