Markets to remain rangebound: Il&FS

PUBLISHED ON: March 1, 2011 | Duration: 22 min, 30 sec

   
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Vibhav Kapoor, Group CIO at IL&FS, feels the Budget proposals are not good enough to bring back investor confidence back in the markets. The markets are witnessing a relief rally because the Budget has been reasonably neutral to slightly positive, and are likely to remain rangebound in the near term, he says.
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