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Indian shares close flat, market subdued by terrorist attack



By Staff Reporter
28 November 2008 @ 4:56 pm IST


A stock broker looks at a terminal while trading at a stock brokerage firm in Mumbai, India
A stock broker looks at a terminal while trading at a stock brokerage firm in Mumbai, India. The BSE Sensex closed flat, Friday, on low trading volumes, as the terrorist attacks in India`s financial hub, Mumbai, rocked the capital market. (Reuters Photo)
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Auto stocks advanced led by Mahindra & Mahindra and Maruti Suzuki, which climbed 4.47 percent and 0.67 percent respectively.

Among metal stocks, aluminium majors Sterlite Industries (up 2.58 percent) and Hindalco Industries (up 0.95 percent) posted gains.

Financial stocks Housing Development Finance Corporation and HDFC Bank advanced 3.34 percent and 1.46 percent respectively.

Other major gainers were BHEL (up 4.78 percent), Bharti Airtel (up 2.50 percent) and Tata Power (up 2.18 percent).

Reliance Infrastructure (down 3.26 percent), Larsen & Toubro (down 3.14 percent) and Grasim Industries (down 3.03 percent) led the decline.

Realty stocks such as DLF (down 0.18 percent), and Oil & Gas stocks such as ONGC (down 0.72 percent) and Reliance Industries (down 0.49 percent) closed in the red.

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