Summary
CAIRN Energy shares jumped to their highest level in eight months yesterday, after the business-friendly Congress Party's decisive victory in the Indian elections.
Trading on the Mumbai Stock Exchange was halted for around two hours after shares surged on the back of the victory for Congress, which was already the leading party in the coalition government.See the full content of this document
Extract
Oil Shares Soar As Congress Party Wins Indian Elections
When trading resumed the Sensex, India's main share index, closed up 17 per cent.
Cairn closed 5 per cent higher in L...See the full content of this document
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