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Angel Broking has come out with its earning estimates on the oil & gas sector for the quarter ended December 2010. According to the research firm, RIL December quarter net sales are expected to go up by 20.2% to Rs 68,347 crore, Year-on-Year, (Y-o-Y) basis.
Pathik Gandotra of IDFC Securities is bullish on IT sector. In an interview to CNBC-TV18, he said that return of stability to the US economy will be positive for Indian companies.