Lending rates likely to reduce by 150 bps in 1-1.5-yr: CLSA

Lending rates likely to reduce by 150 bps in 1-1.5-yr: CLSA Nandurkar believes key beneficiaries of falling rate environment in his coverage universe will be IndusInd Bank, HDFC, Maruti, property companies, Power Grid and leveraged companies, including IRB Infra and PVR.