We may see depressed growth for insurance sector for 2-3 quarters: Yogesh Patil
The Indian markets are not reacting to global cues, and the problem may be global, but the nervousness is local. The sell-off in names like HUL and Nestle has nothing to do with banks. They are cash-rich companies and are going down because of the liquidity crisis. The market continues to be volatile in the short term and in the liquidity crisis, good companies are also getting a selloff.
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