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Markets

Indian shares provisionally close 1.6pc down

Published Updated

mumbai-stockMUMBAI: India's main stock index provisionally closed 1.6 percent lower as investors booked profits on worries a weaker-than-expected showing by the Congress party in the state elections is likely to affect reforms.

The benchmark index provisionally fell 281.91 points to 17,355.08, with 24 of its components declining.

The 50-share NSE index provisionally lost 1.47 percent to 5,280.35.

Copyright Reuters, 2012

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