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MARKET EYE-Indian shares gain; auto shares, Sun Pharma up
December 18, 2012 / 4:42 AM / 5 years ago

MARKET EYE-Indian shares gain; auto shares, Sun Pharma up

* The BSE index is up 0.36 percent while the NSE index
 gains 0.3 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 1.5 percent after
it said on Monday Caraco Pharmaceutical Laboratories Ltd.
(Caraco), its wholly-owned subsidiary, has acquired URL generic
business from Takeda Pharmaceutical Company. 
* Caution also prevails ahead of the RBI policy review. India's
central bank is expected to keep interest rates on hold.

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