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Financial markets in India's commercial hub Mumbai are closed on Wednesday for the local Ganesh festival holiday and will reopen on Thursday. The 30-share benchmark Bombay Stock Exchange index rose 0.27 percent to a new closing high of 7,946.78 points on Tuesday. The partially convertible rupee ended 0.18 percent weaker at 43.895/900 on Tuesday.

Copyright Reuters, 2005

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