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Lower Oil Prices May Increase Inflows into Indian Markets: IIFL

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  • Published On: August 13, 2014
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Prashasta Seth, CEO of IIFL AMC, said that any fall in oil prices is a big macro-positive for India, giving more room to the government to move towards the 4.1 per cent fiscal deficit. It could also result in more inflows of money into Indian markets from macro traders, he added.
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