RPT-Indian Shares Fall Down State-Run Banks Under Pressure,
The Reserve Bank of India today placed on its website a Working Paper for the month of April 2012 titled “Asset Pricing Model for Inefficient Markets: empirical evidence from the Indian market”.
The Working Paper has been Indian stocks dropped, ending a four-day rally, on concern an interest-rate cut this week by the Reserve Bank of India may be insufficient to spur growth. Reliance Industries Ltd. (RIL) slid to a one-week low before its earnings.
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