It said despite the economy's strong potential, there is a risk that the pace of investment in India's manufacturing and infrastructure sectors could slow because of limited economic liberalization or slower policy implementation.
The 30-share Sensex soared to the day's high of 33,520.82, but profit-taking activity towards the end in heavyweights made the index settle at 33,342.80, up 235.98 points, or 0.71 per cent. The gauge had rallied 346 points in the previous session.
New Delhi, May 28: Global agency Moody's today said the sliding rupee will not impact India's sovereign ratings, but may hurt private sector companies with large overseas debts.“Significant Indian rupee depreciation is insignificant for sovereign
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