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Pre-budget rally can extend upto 4,900-5,000: IL&FS

Posted on: June 10th 2009 in Press Releases.

Vibhav Kapoor, IL&FS: Despite valuations looking stretched, the momentum is too strong backed by buying interest from foreign investors. A pre-budget rally can get extended on the Nifty upto 4,900-5,000. Satyam looks good post unaudited numbers. Focus is likely to be back on large ca…

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