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No major, prolonged correction in Indian equities this year: Credit Suisse


Global brokerage Credit Suisse is “cautiously optimistic” on Indian equities but added that it does not expect any major and prolonged correction in the stocks this year.The global financial services major said though it is enthused by the reform momentum in the country, the fiscal crunch, several state elections, earning downgrades and high valuations make it “nervous”.
Source: Latest News

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