High govt borrowing to weigh down market_ Religare Cap
According to Tirthankar Patnaik of Religare Capital Markets, the size of the government's borrowing program will weigh down heavily on the market.
BSE Sensex falls from near 2-1/2 year high; banks hit
MUMBAI (Reuters) - The BSE Sensex snapped a four-day winning streak on Monday, retreating from near 2-1/2-year highs as investors booked profits in rate-sensitive stocks such as ICICI Bank, while drugmakers were hit by worries about the country's new drug pricing policy.Caution also prevailed after Standard & Poor's statement reiterating its "negative" outlook on India's sovereign ...
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