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    See risk reward for Marico; Espirito downgrades Nestle

    Nitin Mathur of Espirito Santo Securities said they have downgraded the consumer sector on the back of slowing GDP and wage inflation. Although, the volume growth reported by staple companies remains strong, discretionary growth is starting to show signs of slowing down, added Mathur.

    first published: Sep 5, 2012 01:15 pm

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