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Liquidity can take mkt to new highs; pharma a dark horse: Ambit

Liquidity can take mkts to new highs; pharma a dark horse: Ambit – Moneycontrol.com
Though liquidity can take markets to new highs, it is better to stay away from Indian market due to lack of fundamental support from valuations point of view and risks to the downside still remain, says Pramod Gubbi of Ambit Singapore.

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