The market remained rangebound in noon trade with the Sensex moving in a 80 points range due to lack of global as well as domestic cues. However, the rupee recovered further, rising 16 paise to 67.86 against the US dollar.
Saurabh Mukherjea of Ambit Capital shook the world when he said it is a contracting gross domestic product (GDP) for the current year and now he says the evidence that emerged in the last few days validates the point that the economy is under pressure.
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