RBI may raise rates by 0.25%: Religare Securities

PUBLISHED ON: April 29, 2011 | Duration: 24 min, 03 sec

  
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Ashu Madan, COO at Religare Securities, says Nifty may slip below its support of 5700. He says there are no triggers in the market that can take it to higher levels. He expects the RBI to raise rates by 25 basis points.
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