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Epic Update : Nifty pares losses

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Epic Update : Nifty pares losses Empty Epic Update : Nifty pares losses

Post  Admin Fri Oct 05, 2012 5:59 pm

Indian equity benchmarks pared losses in afternoon trade following positive opening of European markets. France’s CAC, Germany’s DAX and Britain’s FTSE were up 0.3-0.5 percent after encouraging comments by ECB President Mario Draghi saying the bank is ready to buy bonds of troubled euro zone countries.

The 30-share BSE Sensex lost 129 points to 18,929.57 and the 50-share NSE Nifty fell 44 points to 5,744.


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