Reuters: Money News: BNP Paribas downgrades JSW Steel on valuations, no rupee benefits

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BNP Paribas downgrades JSW Steel on valuations, no rupee benefits Sep 26th 2013, 05:34 Reuters Market Eye - BNP Paribas downgrades JSW Steel Ltd to "reduce" from "hold", citing expensive valuations after recent outperformance due to a delay in the U.S. Federal Reserve's tapering of monetary stimulus in September.

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