Global markets have remained in a bearish phase since February 2011, says Jordan Kotick of Barclays Capital. In an interview on CNBC-TV, he says, ultimately, this is a correction and in the medium-term he sees upside in the equity markets around the world. While he sees a correction taking place in global equity markets, he says to hold that buy call as the time is still not right.
On India, he says the risk is still downside vulnerability on both the bourses, Nifty and Sensex.Discover 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!
