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Adani Ports falls on budget proposal for new ports

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Reuters Delhi, India

Reuters Market Eye - Shares in Adani Ports and Special Economic Zone Ltd slump 3 percent after Finance Minster P. Chidambaram proposed to set up two new ports in Andhra Pradesh and West Bengal in the 2013/14 union budget.

Dealers say that may reduce traffic through Adani-operated ports.

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First Published: Feb 28 2013 | 12:03 PM IST

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