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Market fluctuations weigh on fund managers' strategies
The markets remained in the red for a major part of the week due to several factors like a weakening rupee, a disappointing March Index of Industrial Production, which contracted 3.5 per cent raising concerns over economic growth and plans to review the tax treaty with Mauritius. However, one positive news was clarity on the General Anti-Avoidance Rule; the finance ministry delayed its rollout by a