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5 years ago
MARKET EYE-Indian shares trim losses; SBI gains ahead of results
November 8, 2012 / 9:17 AM / 5 years ago

MARKET EYE-Indian shares trim losses; SBI gains ahead of results

* The BSE index falls 0.36 percent and the NSE index
 is down 0.45 percent.  
* ICICI Bank falls 1.4 percent on profit-booking after
gaining 4.1 percent this month as of Wednesday's close, compared
with a 2.5 percent gain in the NSE index. 
* Housing Development Finance Corporation also down 1.2 percent,
after hitting its 52-week high of 805.85 rupees on Wednesday. 
* However, State Bank of India gains 1.9 percent,
reversing earlier losses of as much as 1.6 percent, ahead of its
quarterly results on Friday. 
* Shares in Tata Motors Ltd also gain 4.7 percent,
after the automaker reported that July-September margins at its
key Jaguar Land Rover subsidiary improved. 

 (abhishek.vishnoi@thomsonreuters.com)

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