Profit

Clarity on GAAR necessary for markets

PUBLISHED ON: April 27, 2012 | Duration: 15 min, 53 sec

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Ambareesh Baliga, chief operating officer of Way2Wealth, says that in spite of the negative news over the past few weeks, markets are likely to be better in the coming week. A lot will depend on clarity on the GAAR front, and some FII outflow is likely if no decision is taken for a couple of weeks.
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