Profit

Stability is not on the cards: Ashu Madan

PUBLISHED ON: May 15, 2012 | Duration: 10 min, 24 sec

  
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Ashu Madan, COO, Religare Securities, says all the news flow surrounding the Indian markets is negative, with a volatile rupee adding to the concerns. He says even the intermittent gains that one sees in the rupee is because of intervention by the Reserve Bank of India, otherwise things would be even worse.
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