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Metal shares fall ahead of top court's hearing

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Reuters

Reuters Market Eye - Metal shares fall on caution ahead of the Supreme Court's hearing on "illegal" coal block allocations, due later in the day.

The court on Aug. 25 declared as illegal government allocations of coal blocks since 1993.

Jindal Steel and Power down 1.9 percent while Hindalco Industries down 1.1 percent.

(Reporting by Abhishek Vishnoi)

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First Published: Sep 09 2014 | 10:13 AM IST

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