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Ambit Cap cuts Sensex target to 14500, says it's expensive

Indian market, no doubt, has given more resting room to the bears but there are experts who find opportunity in it. However, Saurabh Mukherjea, Head of Equities, Ambit Capital is very bearish on Indian market. The brokerage has cut Sensex target to 14,500 from 16,000 level as they feel India is still most expensive amid global equity markets.

first published: Aug 22, 2011 10:43 am

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