INDIA EQUITY MARKET - Outlook mixed for red-hot equity market

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INDIA EQUITY MARKET - Outlook mixed for red-hot equity market

India's stock market has enjoyed a stellar 2007, to the extent that the prospects for the year ahead appear uncertain by comparison. Infrastructure and real estate are expected to be big themes in 2008, but with companies having put in colossal stock performances already this year, questions over value remain. Elliot Wilson reports.

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