The Indian markets showed unexpected strength in the last session
with benchmarks gaining humongous gains on rate cut hopes. Today, the
start is likely to be in green as the global cues have soothed while on
the domestic front traders will be taking some support from the
International Monetary Fund (IMF) report saying that India with its
favorable interest rate-growth differential has an advantage in
addressing deficit concerns this year.Wednesday, April 17, 2013
Epic Update: Indian Market
The Indian markets showed unexpected strength in the last session
with benchmarks gaining humongous gains on rate cut hopes. Today, the
start is likely to be in green as the global cues have soothed while on
the domestic front traders will be taking some support from the
International Monetary Fund (IMF) report saying that India with its
favorable interest rate-growth differential has an advantage in
addressing deficit concerns this year.
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