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Nikkei Markets

Asian stocks advance as Indian equities surge on corporate tax cut

Shares of Indian financial firms among the biggest winners

HONG KONG (Nikkei Markets) -- Asian shares outside of Japan advanced Friday, driven by a surge in Indian equities after the nation cut corporate tax to one of the lowest in Asia.

The Nikkei A300 Index rose 0.7% to close at 1,275.15.

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