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Riding on good corporate earnings: Chidambaram

Our Bureau

New Delhi, Oct. 13

The Finance Minister, Mr P. Chidambaram, on Friday said that the record high scaled by the BSE's sensitive index reflected good corporate performance and expectations of better results from some companies in the remaining part of the current fiscal.

He also said that the fall in oil prices could have contributed to the sentiments. He said the economy was doing well and that the tax revenues remained buoyant.

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