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Markets: Sensex closes above 17,000 since Budget ‘08 |
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Despite rising inflation and weak housing data from the US, India's key equity indices witnessed a pull-back rally on Friday last with the Bombay Stock Exchange benchmark Sensex gaining 4% to recapture the psychologically important 17K in the week to April 26, largely driven by robust earnings by frontline stocks. It was the good earning numbers posted by some Companies that boosted the Markets. The barometer Sensex, for the first time since the Budget, managed to close above the 17K mark. The ...
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