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Frontline stocks overvalued? Investors should wait and watch

Posted on: May 11th 2009 in Stock Views.

There’s no stopping the Indian equity markets right now, it appears. Last week, stocks further extended their winning streak and the benchmark BSE Sensex gained nearly 500 points or 4.2% in five trading sessions ending May 8. The rally continues to be broadbased as in the previous …

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