Indian Shares and Equity Market News

Hindalco Industries gains 2.9 percent.Value buying seen after 9.2 percent slump over the previous four sessions.India's top court cancelled Hindalco's Talabira I/II and Mahan coal blocks on Wednesday. 

Investors say de-allocation of Mahan and Talabira II would have little impact.The blocks were not producing and were awaiting environmental clearance.

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