Bullish on Banking, Auto Ancillary: Ambit

  • 22:08
  • Published On: April 13, 2015
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Andrew Holland, chief executive officer at Ambit Investment Advisors, said there could be another 50-basis-point rate cut in the near future, which will be a key trigger for the banking stocks. The order books of auto ancillary companies are also likely to benefit from the planned launch of new models by automakers, he added.

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