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Industrial commodity price surge spooks India Inc
Prices of key inputs up 44% to 74%; analysts expect earnings squeeze after a quarter or two.

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Rating the raters
Business Standard / New Delhi January 28, 2010, 0:16 IST

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'It will be a long and slow recovery'
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Sensex firm; realty index up 2%

The Sensex continues to display firm trend in the last one hour. The Index is now at 17,648, up 105 points. The NSE Nifty is at 5,274, up 30 points. - Bajaj Hindustan up on good Q3 results - Novartis soars on getting patent right - Sensex strong in opening trades - F&O OUTLOOK: Correction to stay on course - FIIs net sellers Rs 775cr in F&O on Friday - Letters: Pricey power">Letters: Pricey power Jaiprakash Associates, Tata Power and DLF have added 2% each at Rs 165, Rs 1,505 and Rs 398. Maruti, TCS, Mahindra & Mahindra and NTPC are firm, up 1.5% each at Rs 1,458, Rs 711, Rs 1,167 and Rs 233, respectively. Reliance has slipped 1% to Rs 1,092. Grasim Industries and BHEL are down 0.5% each are down at Rs 2,743 and Rs 2,415, respectively. The market breadth is extremely positive, out of 2,671 shares traded, 2,139 have advanced and 486 have declined so far on the BSE. Among the sectoral indices, realty index has advanced 2% to Rs 4,166 and the IT index is now at 5,020.57.


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