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Budget 2012 winners: M&M, ITC, IRB infra

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Manishi Raychaudhri, Strategist and Head of Research of BNP Paribas Securities remains apprehensive about the fiscal deficit target as inflation might accelerate due to hike in Excise & Service Tax. M&M, ITC and IRB Infra were the Budget winners while oil stocks and PSU banks were losers.

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From Reuters

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