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Indian markets have been rallying for the past several days.
http://finance.yahoo.com/q/bc?s=^BSESN&t=5d
In my view, IIF and IFN have some catching up to do to keep pace with their NAVs.
The extra impetus in Indian markets is due to Indian goverment's decision to allow non-govt pension funds to buy equities.
http://in.news.yahoo.com/050128/137/2ja50.html
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