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Kotak Institutional Equities concerned with valuations of some NBFCs; like HDFC, LIC

Nischint Chawathe, Senior Analyst, Kotak Institutional Equities
Q3 earnings downgrade to continue: Edelweiss

Nischal Maheshwari of Edelweiss Financial Services says downgrades for earnings continue for the current quarter as well because there was no rate cut from RBI. A rate cut would have helped the companies to bring down their costs.

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