HomeNewsBusinessMarketsRate sensitives pushed market into downward spiral: Udayan

Rate sensitives pushed market into downward spiral: Udayan

Rate sensitives started coming under pressure when the rate cut wasn't announced, and that has pushed the market to the lows of the day, says CNBC-TV18's managing editor Udayan Mukherjee.

March 15, 2012 / 15:48 IST
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It's been a difficult day for the market, with the Nifty trading below 5400. Banks have done poorly, infrastructure not much better and even ADAG group names are down quite a bit as well.

Even though a rate cut wasn
first published: Mar 15, 2012 03:41 pm

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