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RBI action to move mkts, budget won't alter mood: Religare

The RBI is set to announce its quarterly monetary policy on Tuesday. And, Tarun Kataria CEO of Religare Capital says though there is no material move-up expected in the indices, they may get spooked by the 50 basis points hike expected tomorrow. "In fact, the banking sector could see rally post the rate tightening cycle," he adds.

first published: Jan 24, 2011 10:02 am

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