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Eying equities? CLSA says enter when RBI loosens its grip

Russell Napier, Strategist, CLSA agrees with India's apex bank, the RBI, that their rate hike of 25 bps was a step in the right direction. However, he suggests that the right time to buy into Indian equities is once the rate tightening cycle ends.

June 21, 2011 / 16:04 IST
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Failure by eurozone ministers to reach a consensus on the Greek debt crisis saw US equity markets end amid a weak and choppy session. Investors are worried that the lack of a deal or clarity on the sovereign debt crisis could crimp market liquidity. With the end of QE2 just around the corner, questions over its success have arisen, with many experts asking

first published: Jun 18, 2011 11:45 am

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