Avoid India Realty, Metal Stocks Amid Rising Rates, Peerless Say

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Kaushik Dani, a Mumbai-based fund manager at Peerless Mutual Fund, which has 49 billion rupees in assets, comments on the outlook for Indian stocks. Dani spoke in a phone interview.

The BSE India Sensitive Index advanced 0.1 percent to 17,082.68 as of 10:51 a.m. local time.