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Power Grid slumps; shares from sale start trading

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Reuters
Last Updated : Dec 19 2013 | 11:25 AM IST

Reuters Market Eye - Shares in Power Grid Corp of India Ltd slump 3.5 percent as the 700 billion rupees of shares it recently sold became eligible to trade on Thursday.

The government and the company itself ended up selling 601.86 million shares amid strong demand.

(Reporting by Abhishek Vishnoi)

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First Published: Dec 19 2013 | 11:13 AM IST

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