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Market not out of woods yet, may decline further: Louise Yamada

Indian market has broken the two-year support level when the Nifty went to 4700, which was a very important and defining level for the Nifty, said Yamada.

BMW MINI Cooper S
BMW MINI Cooper S
India’s benchmark indices have witnessed some respite from incessant selling in the first few days of 2012. However, analysts have cautioned against early optimism, suggesting that the worst might not be over for Indian equities yet.
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