business

Bull mkt intact but see short-term correction: HDFC Sec

In the wake of the US dollar rally and the absence of any particular positive news, Indian shares may “drift lower than most investors will be comfortable with”, Dipen Sheth of HDFC Securities said. But he added that a correction will not change the larger thesis that local equities are in a long-term bull market.

first published: Mar 12, 2015 10:52 am