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Topic: General Discussion
IIP Data - Blessing in disguise
| From : Puspal Das at 11:36 AM - Jan 12, 2011 ( ) |
Share it on FacebookIIP data in the month data shows at 2.7%. We are all worried. Naturally as this hurts our India’s growth story. This slowdown might give a relief to stock market in the long run as the fear of immediate increasing of interest rate by RBI faded away. RBI will think again to increase the interest rate as this will create a liquidity problem in the economy. In the short term there might be a blip but in future this will give the stability to the market.
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