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Don't expect banks to help Nifty out of slump: Manghnani

Anil Manghnani of Modern Shares & Stock Brokers says that post the nine-day long fall and the interest rate hike after RBI’s monetary policy announcement, “with all the FII selling that has taken place, until the buying doesn’t resume or some sort of sanity doesn’t come back, we might be stuck with negative bias.”

first published: May 11, 2011 09:55 am

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