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Budget 2017: Indian mkt looks interesting; RBI rate cut likely, says UBS

In an interview with CNBC-TV18, Geoffrey Dennis said that the Nifty was fairly valued at about 16.5 times next year earnings but added that if the demonetisation-induced slowdown eases and India goes back to 8 percent growth next year, the market looks "interesting" to foreign investors.

first published: Feb 2, 2017 08:29 am

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