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HEMINDRA HAZARI - Rs 10,000 Cr Allocation In Budget For Bank Recap Too Less STOCK ALERT - Domestic MFs Have Been Buying RIL Post TP Hiked By Most Brokerages

Worst Of Economic Pressures Behind Us: Prashant Jain

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September 30: HDFC Mutual Funds’ Prashant Jain is not overweight on banks. However, he says that the divide is more apparent between retail and corporate banks instead of private and public banks. “There is more of a similarity in how all corporate banks and all retail banks work, regardless of their ownership,” he says. A depreciating rupee and a recovery in global demand are helping the IT sector, he adds.