Published on Mon, Aug 30, 2010 at 07:58 | Source : Moneycontrol.com
Updated at Mon, Aug 30, 2010 at 08:42
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Global cues to hold key in short-term: Enam
Global cues hold the key in the short-term. Though India's relative fundamentals continue to stand out, some profit booking by FIIs in the short-term is not ruled out, says Nandan Chakraborty, Enam.
Nandan Chakraborty, Enam said that, "Global cues hold the key in the short-term. Though India's relative fundamentals continue to stand out, some profit booking by FIIs in the short-term is not ruled out. We are advising clients to stay with the consumption and infra theme. No change in capital gains tax in DTC will be a sentimental positive."
