India shares post biggest daily gain in 2 wks on rate cut hopes

Fri Jan 25, 2013 3:36pm IST

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Kishore Pandey, 82, lies on a bed as his daughter, Usha Tiwari, holds him and a priest stands by them (L) at Mukti Bhavan (Salvation House) in Varanasi, in the northern Indian state of Uttar Pradesh, June 19, 2014. REUTERS/Danish Siddiqui

Waiting to die at Salvation House

The city of Varanasi is Hinduism's holiest city and many Hindus believe that dying there and having their remains scattered in the Ganges allows their soul to escape a cycle of death and rebirth.  Slideshow 

MUMBAI, Jan 25 (Reuters) - Indian shares posted their
biggest daily percentage gain in almost two weeks on Friday, as
interest-rate sensitive stocks such as State Bank of India rose
on expectations the central bank will ease monetary policy next
week. 
    Maruti Suzuki India Ltd gained 4.2 percent after
posting its first quarterly profit increase in 18 months.
    State Bank of India rose 2.4 percent, while
property developer DLF Ltd gained 3 percent. 
    The BSE index provisionally rose 0.96 percent,
posting its biggest gain since Jan. 14. The 50-share NSE index
 gained 0.92 percent.

 (Reporting by Manoj Dharra; Editing by Rafael Nam)
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