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Auto shares gain; diesel de-control may boost demand

Reuters

Reuters Market Eye - Auto stocks gain, as removal of price controls on diesel is seen helping demand for cars.

Removal of price controls comes as oil prices have slumped.

Maruti Suzuki India Ltd gains 2.2 percent, Mahindra and Mahindra Ltd is up 0.5 percent.

Ashok Leyland Ltd up 2 percent.

(Reporting by Abhishek Vishnoi)

 

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First Published: Oct 20 2014 | 2:50 PM IST

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