Profit sales drag Indian shares; Coal India down

Reuters.com reports that Coal India shares drifted back down to earth today after an extremely strong debut on the market last week, bringing the rest of the market with it.

The story is quoted as saying:

 “Any stock is good or bad at a particular price. After therun up last week, Coal India looked expensive,”   said GajendraNagpal, CEO of Unicon Financial.

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