Business Today

Domestic Factors

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The movement of the stock market will depend on the performanc­e of India Inc. and, more importantl­y, an uptick in volume growth. For the market to surge higher, Indian companies have to deliver because most of the good news, including the implementa­tion of the 7th pay commission, onerank-one- pension, government spending on infrastruc­ture, and cuts in interest rates, besides GST, are largely built into the current stock prices

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