Sub-14K appears more likely in 2nd half: Credit Suisse
Published on Tue, Mar 16, 2010 at 08:12 | Source : CNBC-TV18
Updated at Tue, Mar 16, 2010 at 12:16
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Sub-14K appears more likely in 2nd half: Credit Suisse
A sub-14,000 level on the Sensex appears more likely both in the second half of this year and early next year unless the market gets the best possible outcome on all fronts, says Nilesh Jasani of Credit Suisse.
Here is expert equity call for the day on how the markets are expected to trade:
Nilesh Jasani, Credit Suisse: Pro-growth policies could keep market focus away from main consequences of higher inflation and deficits for a few more months. But, in the medium term, fundamental market prospects have turned decidedly risky. A sub-14,000 level on the Sensex appears more likely both in the second half of this year and early next year unless the market gets the best possible outcome on all fronts.
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