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Are magazine cover stories contrarian indicators?

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Business Standard
Last Updated : Mar 06 2013 | 6:30 PM IST

Last week, TIME magazine had put Prime Minister Manmohan Singh on its cover tagging him ‘THE UNDERACHIEVER’. Brokerage firm Karvy feels these contrarian indicators could precede a reversal of fortunes for India’s economy and markets. It supports its thesis by listing some popular covers of leading global magazines over the past three decades(Click on graphic)

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First Published: Jul 15 2012 | 12:06 AM IST

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