MARKET EYE-Adani group stocks down on profit-taking
* Adani Group stocks fall on profit-taking after gaining recently on expectations Narendra Modi would win a fourth successive term as the chief minister of India's Gujarat state. * Adani Group is based in Gujarat and is seen benefiting given perceptions of Modi as a leader who is business-friendly, dealers say. * Adani Enterprises Ltd falls 5.9 percent ahead of its planned sale of 23 million shares on Friday. * Among other Adani group stocks, Adani Ports and Special Economic Zone Ltd is down 2.8 percent, after rising 11.6 percent in December as of Wednesday's close. * Adani Power Ltd falls 3.9 percent after gaining 29.2 percent this month. (firstname.lastname@example.org /; email@example.com)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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