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Indian Stocks Pulled-Through

Tags: India, Indian Stocks
12 Jul 10:17pm
Surprisingly, after my post yesterday afternoon, Indian stocks didn't plummet, but instead rose a surprising 3 percent after the terrorist train bombings that rocked Bombay, the country's financial capital.The benchmark index, the 30-share Sensex, surged 316 points, or 3%, to finish at 10,930 points.  In fact, the 50-stock S&P CNX Nifty even advanced 2.6% to 3,195.90.

India Bomb Explosions Hit Markets

Tags: India Fund Inc., Indian Stocks, Terrorists, IFN
12 Jul 12:59am
To this point 135 people have been killed and scores of others injured in seven seperate bomb explosions on packed commuter trains and stations during rush hour earlier today in Mumbai, India.     Commuters fled suburban rail stations in panic after the explosions and mobile phone lines were jammed. Television pictures showed twisted rail carriages and people in bloodstained clothes carrying dead and wounded on stretchers.  Authorities are blaming Muslim militants figh...