- 12:57 PM Den Networks slips 16% after listing at Rs 195
- 12:41 PM Govt has 30 mn tonne of wheat stocks: Sharad Pawar
- 12:41 PM BHEL bags $1.2 bn power plant order
- 12:41 PM BSE CEO says preparing for listing
- 12:19 PM Exide Industries takes a dip
- 12:05 PM Max India marches ahead
- 12:01 PM Nifty slips below 5100; banks, oil & gas, metals d...
- 11:59 AM Maruti Suzuki leads gainers on Sensex
- 11:57 AM Stock market will end year on good note: Kotak Mah...
- 11:56 AM Pratibha Industries bags Rs 303.7 mn order
Getting into a new week of trade, Michael Hartnett, Global EM Equity Strategist at Merrill Lynch says that liquidity is still good, and there are new investors from West Asia and Japan.
He is concerned about domestic inflation and valuations, and as a result says that funds are not too overweight on India right now.
However, being underweight on India, he is still positive on emerging markets.
As he feels that the bull market in Indian equities is not over, he is positive about plays like infrastructure, cement, engineering and software stocks.
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