Monday, 11 April 2011
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Gold trades flat, crude oil under pressure
India's industrial output rose less than expected by 3.6 percent (y-o-y) in February 2011 as against 3.7 percent in January. This slowdown was witnessed due to sluggish production in the manufacturing sector and the capital goods sector in particular. Industrial output grew by 15.6 percent in February 2010. Markets had anticipated the country's industrial output to grow by 5.2 percent in February
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