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Indian shares extend losses to more than 5 pct

Thu Jul 3, 2008 12:32pm IST
 
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MUMBAI (Reuters) - Indian shares fell more than 5 percent on Thursday, led by ICICI Bank and Reliance Industries, as record oil prices and political uncertainty rattled investors.

By 12:26 p.m., the 30-share BSE index was down 5.04 percent, or 689.38 points, at 12,975.24.

The 50-issue NSE index had fallen 4.86 percent to 3,895.20.

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