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Expect 5% correction in mkt; like HDFC Bank: Kotak IE

Speaking to CNBC-TV18 on the sidelines of three-day Kotak Global Investor Conference, Sanjeev Prasad, Senior ED & Co-head, Kotak Institutional Equities says that though macros are improving, they are not translating into better earnings. He lowered the FY15 earnings growth expectation to 7 percent from 14 percent.

first published: Feb 10, 2015 09:02 am

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