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Wednesday, December 5, 2012

Indian stocks market optimistic wrto FDI debate in Parliament

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It turned out to be a lackluster day at major Indian stock markets including Bombay Stock Exchange and National Stock Exchange. There was not much movement in the indices values as investors and speculators remained confused regarding outcome of the FDI in retail voting result in Parliament today. UPA finally won the voting stage and Lok sabha passed the FDI in retail bill today, So expect stock markets to open higher tomorrow with stock prices of organised retail sector set to rise in coming days.

BSE's 30 component SENSEX gained 43.74 points, to end the day at 19,391.86 . National Stock exchange's NIFTY index closed above 5900 mark up by 11.25 points today. DLF stocks came as surprise as it gained over 4.5 percent today amidst weak realty sector. Technology sector saw some downward trend over weak revenue predictions and downgrading Infosys stock to 'neutral' by a rating agency.

STOCKS TO WATCH FOR WEEK: retail stocks

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