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Markets & Taper: Over-Reaction?

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December 20: Talking about the QE tapering’s probable impact on Indian markets, Anup Bagchi, MD & CEO, ICICI Securities, says, “India has no counter-force to large FII selling.” Bimal Jalan, Former Governor, RBI, says, “There is a lack of interest among domestic investors for equities, as they are in a 'wait mode' due to election cycle.”