Sandeep J Shah, the CEO of Sampriti Capital said that he sees a market correction around 20% in 2011.
The Union Budget will be announced at the end of this month which could cause ripples in the market but Shah said that he does not expect finance minister to do much this budget. "Given the fact, we have had a comatose parliament for sometime, the expectations are fairly muted." Here is a verbtaim transcript of Sandeep J Shah's interview with CNBC-TV18's Udayan Mukherjee and Mitali Mujherjee. Also watch the accompanying videos. Q: Do you think are we done with most of the pain? Or do you think 5,400 will break eventually? A: In the beginning of January, I had mentioned that unlike 2010 where we had just seen 10% corrections itDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!