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Demonetisation: Good for bond mkts, short-term negative for equities, says CLSA

Commenting on emerging markets and India‘s demonetisation drive, Wood said that demonetisation will be negative for equities in short term, adding that the move is a positive for bond and currency markets. Besides, demonetisation will lead to increase in deposits in banks, Wood said.

first published: Nov 15, 2016 01:04 pm

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