NEW DELHI: Indian markets went through a lull phase beginning last Diwali but gained momentum after a sharp rally in the last five months, wherein the indices were strongly up by about 17 per cent. "Though not everything is hunky dory globally, policy makers are doing their best to address the liquidity issues in the interim. Also domestically, we could see the end of the earnings downgrade cycle," Sharekhan Ltd said in a report. With global commodity prices cooling off, we could see easing by the Reserve Bank of India going ahead, starting from the first quarter of...
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