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More earnings downgrades seen; like ITC, M&M: BNP Paribas

Liquidity has been the key driver for many emerging markets including India in the year gone by, but foreign fund inflows are likely to see contraction given the US Fed's decision to taper its monetary stimulus programme, Manishi Ray Chuadhuri of BNP Paribas Securities said.

first published: Jan 2, 2014 03:30 pm

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