Equities are expected to sustain their positive momentum as investors are betting on foreign funds to loosen their purse strings as a result of the US Federal Reserve’s decision last week to cut the interest rate.
Though there is a feeling that prices of most frontline stocks have run ahead of fundamentals for the time being, many analysts and fund managers believe that the rush of money flow can drive prices to even higher levels.
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Monday, September 24, 2007
FII inflows may keep market in positive zone
Posted by
Anil Rego
at
11:59 AM
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