A man looks up at an electronic screen displaying stock figures at the Bombay Stock Exchange (BSE) in Mumbai, India (Photographer: Vivek Prakash/Bloomberg)
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Trading patterns suggest that India's stock market may break into record territory. The 50-day moving average of the S&P BSE Sensex has risen above the 200-day line after a rebound from a low in December brought the index within striking distance of its life-time high. That so-called golden cross was followed by a 9 percent gain the last time it happened in June.
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