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Indian shares open 0.7 percent up on firm Asia

Reuters - Friday, May 16

MUMBAI, May 16 - Indian shares opened 0.7 percent higher on Friday, boosted by strong overseas markets, and led by gains in ICICI Bank Ltd and Infosys Technologies Ltd .

At 9:55 a.m. , the 30-share BSE index was up 122.87 points at 17,476.41.

The 50-issue NSE index <.NSEI> rose 0.49 percent at 5,140.30.

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