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    Eye 4700 for Nifty; may see further downside: HSBC Pvt Bank

    Arjuna Mahendran, managing director and head of investment strategy for Asia at HSBC Private Bank has a target of 4700 for the Nifty, but sees further downside is more pessimism seeps into the system.

    first published: Dec 2, 2011 01:05 pm

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