Funds see picks in Indian autos, steel, cement

Newswire

By Giri Venkatesan

BOMBAY, Feb 4 (Reuters) - India's auto, steel, cement, drug and banking sectors offer investors good pickings in a beaten down market as underlying fundamentals are sound and the economy looks set to gather steam, fund managers said on Tuesday.

Recent strong corporate earnings growth and signs the world's 12th largest economy was improving combined with the government's renewed commitment to privatisation to provide a recipe for a strong rebound, they ...

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