With the US Fed deferring its tapering plan, and causing FIIs to park their funds in emerging markets, of which India was a big beneficiary; and domestically, the rupee stabilising at 61-62/ USD, along with a reasonably good earnings season, the rally was justified, says Sunil Singhania, head-equities, Reliance Mutual Fund.
first published: Nov 8, 2013 01:06 pm
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