Indian mkts set to make new high over next 12-mth: AMP Cap
Published on Fri, Sep 18, 2009 at 09:04 | Source : CNBC-TV18
Updated at Fri, Sep 18, 2009 at 09:09
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Indian mkts set to make new high over next 12-mth: AMP Cap
The Indian markets were set to make a new high over the next 12 months. Valuations looked slightly stretched and markets were due for a pullback in the short-term, Shane Oliver of AMP Capital Investors said.
Here is expert equity call for the day on how the markets are expected to trade:
Shane Oliver, AMP Capital Investors: The Indian markets are set to make a new high over the next 12 months. Valuations look slightly stretched and markets are due for a pullback in the short-term. But the undertone remains bullish, as global economic data is improving.
