Profit

Repo Rate Cut Already Factored in by Market: Motilal Oswal

PUBLISHED ON: March 4, 2015 | Duration: 14 min, 54 sec

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Rahul Shah, vice president (equity advisory group) at Motilal Oswal Securities, said a rate cut post budget was mostly expected, but the timing of rate cut came as a surprise, which is why markets opened higher, but now markets have digested that fact and we are seeing some profit booking.
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