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Indian shipping stocks rallied Monday after reports said the Maritime Development Fund will rise to ₹70,000 crore from ₹25,000 crore. The boost, cleared by the Expenditure Finance Committee, aims to strengthen shipbuilding, repairs, tonnage expansion, and ports. Mazagon Dock, SCI, Cochin Shipyard, and GRSE closed higher, though Stocktwits retail sentiment stayed bearish.
short by / 05:04 pm on 18 Aug
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