Moneycontrol PRO

you are here: HomeNewsBusinessMarketsDon't see conditions for a big market rally in short term: Ambit

SHOW NAMES

Trending Topics

Sensex Today IT Stocks Cohance Life Shares Diamond Power Share Price

business

Don't see conditions for a big market rally in short term: Ambit

Prevailing conditions aren‘t conducive for a big rally in the markets in the short term, Saurabh Mukherjea told CNBC-TV18. The brokerage house had in November scrapped its FY17 Sensex target of 29,500 in view of the government‘s demonetisation drive. Ambit Capital‘s FY18 Sensex target stands at 29,000.

first published: Jan 19, 2017 10:31 am

LATEST VIDEOS

A collection of the most-viewed Moneycontrol videos.

Watch and Follow our leading shows

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347