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Indian stocks surge on budget optimism

Xinhua, February 27, 2015 Adjust font size:

India's benchmark S&P BSE Sensex gained nearly 500 points on Friday, as blue chips rallied on hopes that the government would deliver a budget that increases public investment but sticks broadly to its fiscal deficit targets.

The 30-share index closed at 29,220.12, 473.47 points or 1.65 percent up from previous close of 28,746.65 points. Endi