Thursday, December 30, 2010
The stock market reacted sharply with the key indices sliding sharply, led by Real Estate and Banking shares. Suzlon Energy, Jaiprakash Power and Unitech said they have been approached by the CBI. All of them denied any wrongdoing. Shares in companies affected by the probe continued to fall. LIC said it was reviewing its risk management while asserting that its assets were not impaired by the housing finance scam involving some of its top officials. Visit us http://ping.fm/CWaZf
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