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Post the RBI policy announcement, both the Sensex and the Nifty plummeted, but Nirmal Jain of IIFL feels the reaction is more kneejerk than anything to do with the repo rate hike by 25 bps. Going forward, he feels the market will have a positive bias with more foreign money coming into Indian equities on global cues.
first published: Sep 20, 2013 01:37 pm
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