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Citigroup maintains India’s BSE index target at 33,000

With interest rates likely to head lower, believe India is now offering distinctly more opportunities than risks, Citigroup adds.

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Indian stocks have become the worst performers in Asia YTD, in terms of Indian rupee. (Reuters)

Citigroup maintains India’s benchmark BSE index  target at 33,000 for December 2015, says weak markets have given a ‘feel bad’ about January-March earnings but in real terms they are in line.

With interest rates likely to head lower, believe India is now offering distinctly more opportunities than risks, it adds.

Indian stocks have become the worst performers in Asia YTD, in terms of Indian rupee.

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