Well it's a year not many would like to remember. With brighter hopes, investors are looking forward to 2012 only to be disappointed by negative outlook that many experts hold for the next year. However, Girish Nadkarni, executive director and head - equity capital markets of Avendus Capital holds a completly different opinion.
Though he agrees that the market looks negative in the short-term, Nadkarni expects it to perform better in 2012 than this year. In an interview to CNBC-TV18, he explained that upmove in IT and capital goods is likely to support the market next year. Nadkarni is also bullish on FMCG, expecting the sector to underperform once market begins focussing on laggards. On the hindsight, he seems to be a bit worried about the asset quality of banks. Also read: Nifty may sink to 3800-4000, buy more in '12, says Sandeep Shah Below is the edited transcript of his interview with CNBC-TV18's Mitali Mukherjee and Sonia Shenoy. Also watch the accompanying videos. Q: The chin seems to be pointing down rather than up going into next year. WhatDiscover 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!
