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SHOPERSTOP - Shopper's Stop News Story

₹168.9 0.5  0.3%

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Consumer Cyclicals
Small Cap
Market Cap £156.5m
Enterprise Value £368.4m
Revenue £280.6m
Position in Universe 584th / 3009

MARKET EYE-Indian shares up after six days of fall; RBI policy key

Wed 18th December, 2013 5:10am
* India's benchmark BSE index  .BSESN  up 0.38 percent and the 
broader NSE index  .NSEI  higher 0.4 percent, after six days of 
falls on value-buying and tracking higher Asian shares.  
* However, the upside remains capped ahead of the Reserve Bank 
of India's mid-quarter policy review at 1100 IST (0530 GMT) and 
the Fed's FOMC statement. 
* Housing Development Finance Corp  HDFC.NS  gains 2 percent on 
value-buying, following a 2.5 percent decline in the previous 
session after the RBI placed a cap on further foreign 
institutional investments in the company on Monday. 
* Tata Consultancy Services Ltd  TCS.NS  gains 1 percent, adding 
to Tuesday's 1.3 percent rise after analysts cited executives 
were positive about the demand environment at a sell-side 
briefing on Monday.  ID:nL3N0JW1IX  
* Indian retailers gain after Tesco Plc  TSCO.L  said on Tuesday 
it had applied to buy a 50 percent stake in Trent Hypermarket 
Ltd, a unit of Tata Group's Trent Ltd  TREN.NS .  ID:nL3N0JX0W0  
* Trent Ltd surges 12.4 percent, Future Retail Ltd  FURE.NS  is 
up 4.1 percent and Shopper's Stop Ltd  SHOP.NS  gains 4.1 
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