India's stocks drop as inflation advances

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Source: Bloomberg
Indian shares declined on Friday with the local benchmark index heading for the largest weekly fall in one month after a government report showed that inflation in the country advanced more than forecast raising concerns over interest rate increase. The S&P BSE Sensex dropped 0.9% to 20,734.08 as of 2:17 p.m. Mumbai time and it has fallen 1.2% this week.

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Fri, 13 Dec 2013 15:05:09 GMT

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