In an interview with CNBC-TV18, Naresh Kothari, president of Edelweiss Capital said, "It's pretty tragic what is happening in Japan and the repercussions of that are being felt over here too."
"In a market like this one needs to be little bit more circumspect and not react. We will see some flows going out of the market in the short-term," he added. Below is the verbatim transcript of Kothari's interview with Udayan Mukherjee and Mitali Mukherjee of CNBC-TV18. Also watch the accompanying video. Q: I wish we were talking under better circumstances this morning but I imagine many of your investors at the conference as well are watching in shock and awe at what is happening across the Asian region today? A: Absolutely, 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!
