MARKET EYE-Indian shares gain; banking stocks mixed after policy

Tue Dec 18, 2012 1:40pm IST

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Priyanka Gandhi Vadra, daughter of Congress party chief Sonia Gandhi, adjusts her flower garlands as she campaigns for her mother during an election meeting at Rae Bareli in Uttar Pradesh April 22, 2014. REUTERS/Pawan Kumar

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* The BSE index is up 0.43 percent while the NSE index
 gains 0.41 percent. 
* Banking shares mixed after RBI leaves interest rates on hold
on Tuesday but signals a cut in the repo rate in the
January-March quarter. State Bank of India gains 0.1
percent, while ICICI Bank loses 0.2 percent.
 
* Tata Motors gains 1.3 percent, up for a fourth day,
after stronger-than-expected November sales at Jaguar Land Rover
(JLR) reduced concerns about the outlook for the key unit of the
Indian auto maker. 
* Sun Pharmaceutical Industries gains 2.2 percent after
it said on Monday Caraco Pharmaceutical Laboratories Ltd.
(Caraco), its wholly-owned subsidiary, has acquired URL generic
business from Takeda Pharmaceutical Company.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.reuters.com@reuters.net)
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