Friday, October 22, 2010

Expect rupee will appreciate most by 2011end: UBS

Here is expert equity call for the day on how the markets are expected to trade:


Niall MacLeod, UBS: Currencies have played a crucial role in equity returns this year and we expect it to continue. Our economists expect the rupee will appreciate the most by 2011-end, one of the reasons why we continue to like the market notwithstanding valuation.

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