Thursday, November 17, 2016

MOODY'S AFFIRMS 'Baa3' RATINGS TO INDIA

Moody’s Investors Service today affirmed India’s sovereign rating at ‘Baa3’ with a positive outlook. Stock market should react positively for this.  Under normal circumstances the Sensex would have gained around 400 points. But, because of demonetization FIIs are selling left and right and hence market may not react positively to this in today's trading.

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