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CLSA: India remains in the midst of a bull market; Latest selling is a long-term buying opportunity
Friday, August 24, 2007
CLSA says that India is still in a bull market. Latest bout of selling represents a long-term buying opportunity in India. Macro risk is leading software companies exposure to Western financial services sector. Indian property sector is likely to get worse before it gets better. CLSA has replaced Unitech with Bharti in Asia ex-Japan Absolute Return Portfolio
They say the Left Stance On Indo-US nuclear deal is adding additional ‘Negative Noise’. On RBI, they feel that with US slowdown, RBI may change policy stance before year-end.
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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.
