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Indian bourse correction likely
- United Arab Emirates: Sunday, April 09 - 2006 at 08:22
After a 23% run-up this calendar year Indian stocks are likely to undergo a much awaited correction, analysts told Gulf News. Traders pointed to two local holidays on Tuesday and Friday this week as reasons why profit taking could emerge sooner rather than later. Equity funds have driven up stock prices, they noted.
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Peter J. CooperSunday, April 09 - 2006 at 08:22 UAE local time (GMT+4)
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