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India will survive this downtrend: IDFC Asset Mgmt

On the back of S&P’s US downgrade, Indian market opened below 2.5% today, and has stayed in that range. According to Naval Bir Kumar, managing director and chief financial officer of IDFC Asset Management, sustainable markets like India with strong domestic growth and not such large linkages to the external economy might do well.

August 09, 2011 / 09:09 IST
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On the back of S&P

TAGS: #ECB #FII #Greek Crisis #MARKET OUTLOOK #Spanish bonds #US interest rates
first published: Aug 8, 2011 02:54 pm

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