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RUPEE AT CLOSE - Rupee Ends At 66.92/$ Vs 67.01/$ On Friday SIEMENS - Bags Order Worth Rs 287 Cr Form Nagpur Metro Rail Corporation

JPMorgan Sectoral Outlook

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October 21: JPMorgan’s Adrian Mowat says banks are trading at a discount to their historical price although there may not be any long-term damage to bank ROEs. He also sees good results from Indian IT companies but is not pushing IT now as the rupee rise is likely to rotate interest back to banks. In the energy sector, RIL has benefitted from being a dollar-based business, he adds.