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EquityTips
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Saturday, December 28, 2013

INDIAN EQUITY BENCHMARKS closed in the green zone, 
sending indexes to their second consecutive weekly gains, as 
technology stocks such as Infosys extended a rally this year 
after data continued to signal a sturdier U.S. economy. ONGC 
trading higher on reports that the petroleum ministry seeks to 
cut subsidy burden. 

Further, Kotak Institutional Equities downgraded Maruti 
Suzuki India to "sell" from "reduce," saying the outlook for the 
company will be more challenging than currently priced by the 
stock. 

Shares of NTPC gains after they announced they are going too 
lined up new projects of 19,000 MW capacities, nearly half of 
that would be commissioned by 2017.



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