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Nifty won't rally much, upside capped at 12% by Dec: RBS

Despite the robust rally on the street of late, RBS Asia Securities has brought down its year-end target for the Nifty by about 6%. Its executive director Parul J Saini expects Nifty to be at 5,800 (a 12% upside from current levels) by December.

first published: Sep 21, 2011 10:05 am

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