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Re has long-term target at around 56 levels: HSBC India

Pradeep Khanna, Managing Director and Head of FX Trading at HSBC India said that the risk sentiment is fairly weak and cautious on global basis and we are unlikely to see large capital flowing into equity investments from FIIs. He further stated that the long-term target could be seen at around Rs 56 levels.

first published: Dec 13, 2011 03:16 pm

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