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Search for splinters to swim ashore
The Congress has begun moves to woo rebel party leader Mamata Banerjee in its efforts to beat the Bharatiya Janata Party in the numbers game and cobble together a credible alliance with the United Front. Congress leader Sharad Pawar reportedly contacted Mamata to convince her not to strike a formal alliance with the BJP.
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...But Mamata insists she is behind the BJP
Government formation may not be an easy task, BJP strategists admitted yesterday, even while the party swung into action -- counting numbers, rounding up allies and drafting a common minimum programme. Meanwhile, Mamata Banerjee made it clear that her fledgling Trinamool Congress would support a BJP-led government at the Centre.
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Naidu may cause a few heartaches in Cong, UF
Even as the Left parties yesterday expressed its support for a Congress-led government at the Centre to keep communal forces at bay, rumours flew thick and fast about the Telugu Desam Party (TDP) in Andhra Pradesh being wooed by the BJP.
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Bull rally loses steam on bourses
The bull rally came to an abrupt halt on the stock markets as wary market players unloaded shares fearing yet another round of political uncertainty. The Sensex which soared by 150 points on Monday plummeted by 126.61 points on sustained selling pressure on the Bombay Stock Exchange on Tuesday.
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