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IPO rush isn't a bubble, but out of 10 issuances, we may pick 1 or 2: Bandhan AMC's Manish Gunwani

For sectors like railways and defence, the fiscal deficit poses a risk, potentially slowing down government driven capex from the current growth rate of 25-30 percent to 10-15 percent, says the CIO-Equity at the fund house ....

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