Wednesday, July 4, 2007

Indian shares reach all-time high, led by gains in real estate stocks

Tuesday's rally was led by stocks of real estate and construction companies. Unitech Ltd. rose 3.5 percent to 539 rupees, while Ansal Properties and Infrastructure Ltd. jumped 13 percent to 323 rupees. Construction major Larsen and Toubro Ltd. rose 1.1 percent to close at 2,259 rupees and Hindustan Construction Company ended 5 percent higher at 132

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