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Not just a hope rally; add to cyclical positions: JPMorgan

Adrian Mowat of JPMorgan says the main thing that has changed for India and what most investors are betting on is the changing macroeconomic environment. Mowat believes the most important data point has been the improvement in Balance of Payment, which has moved from deficit to surplus.

first published: Mar 7, 2014 09:01 am

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