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Indian shares rise to near three-week high; resource stocks up

April 8, 2015 9:22 AM
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MUMBAI, April 8 (Reuters) - Indian shares rose on Wednesday, marking their highest level in nearly three weeks, led by gains in resource stocks such as Coal India, which climbed on reports that the government has lifted the cap on the company's e-auction sales.

Resource stocks were the top gainers on the BSE benchmark index. Bharat Petroleum Corp rose 3 percent after investment bank UBS upgraded the stock, while Reliance Industries also advanced 3.8 percent.

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