According to Nilesh Shah of Axis Bank, sentiment is driving the rupee rather than the actual outflows. However, he says there are a few things turning positive for the local currency. First of which is the oil price correction. Second, the gold imports have started slowing down.
On Mon, May 7, 2012 at 1:03 PM, Mihir Desai <[email protected]> wrote: > CLSA removes TTK Prestige from the top five midcaps list following the run > up in recent weeks > and added Havells. > > > > > > -- > CA Mihir Desai > > -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
