Morgan Stanley's Asia and Global Emerging Markets Strategy Report downgraded software firms on valuation and earnings concerns.
Citi, HSBC and UBS etc have already cut their market targets.
Does away with much of auction process in this market and reinvestment checks
Reserve requirements, mandatory investment in G-secs under Companies Act may slow lending for HNI investment in IPOs.
Secondary market might be a better bet for investors
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
The muted CPI inflation print at 5% earlier this week, followed by a similar WPI number released Wednesday, seems to have spurred India's central bank into action, is how the economists are reading into Reserve Bank of India governor Raghuram Rajan's 25 basis point cut in repo rate.
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