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Rate cut expectation muted, avoid PSU banks: Nirmal Bang

Mehraboon Irani, analyst, Nirmal Bang Securities, says that the market does not expect a rate cut to happen in tomorrow‘s RBI policy announcement. However, the market is expecting a rate cut in January. He has a cautious view on PSU bank stocks because of concerns of asset quality.

first published: Dec 17, 2012 10:41 am

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