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Global cues to determine market direction: BofA Merrill Lynch

PUBLISHED ON: September 5, 2011 | Duration: 7 min, 32 sec

   
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Jyotivardhan Jaipuria, head of research at BofA Merrill Lynch, expects inflation to remain at high levels but sees it peaking off in the next quarter. He believes the Indian markets will move in tandem with global markets and they may see pain if European worries continue to grow.
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