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Textile scrips rise on revival in sentiment

Textile scrips rise on revival in sentiment

Friday, March 24, 2017, 10:04 AM

The share price of textile companies jumped by up to 10 % on Thursday, on the expectation of a sharp recovery in textile and apparel export in the coming months, due to less shipment from China. The domestic market is also gradually overcoming the dull demand sentiment which had arisen out of demonetization of high-value currency notes in November 2016.
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