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Thursday, January 26, 2012

According to ICICI Securities, the primary market or the market of Initial Public Offers (IPOs) is likely to be better in the current calendar year on the back of an easing interest rate environment

"We hope that it will be better in the current calendar year in comparison to last year as the reverse rate cycle is likely to set in," ICICI Securities Managing Director and Chief Executive Officer Anup Bagchi said

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