US slaps Imran Khan on wrist

US slaps Imran Khan on wrist

US hints Imran Khan is doing the wrong thing in trying to bring down Nawaz Sharif govt...
No table for three

No table for three

Narendra Modiís gamble wonít work unless Delhi gets act together on J&K, border management...

Modi's operandi: Expect current rally in markets to linger

May 27 2014, 09:16 IST
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SummaryAs mkts continue to bet high on Modi govt's business-friendly policies, expect current rally to linger.

and earnings upgrade will help reduce the non-performing assets of banks.

In the near term, there would be strong inflow of dollars, which would result in strengthening of the rupee. This will not bode too well for IT and pharma companies focussed on exports. However, IT stocks still offer a good hedge against the risk that the governmentís actions to resolve domestic growth issues fall short of market expectations. Normalising growth conditions in the US and Europe will boost demand for IT services as outsourcing budget of companies is getting traction in both the markets.

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