Ajay Srivastava, chief executive officer of Dimensions Consulting spoke to CNBC-TV18 about his outlook for market trades today. He says that there are absolutely no buying opportunities in this market. One of the key reasons is the rupee falling over seven units in just about two months. Srivastava says that this rapid decline could have serious repercussions for the market and economy in general, going ahead.
He says that though optimism persists now, no V-shaped recovery is in view as the street expects. "In fact, January is where all the action is going to be and it is definitely not going to be a good one," Srivastava warns. Below is part of the edited transcript of the interview. Watch the accompanying videos for his full comments. Q: More pain ahead or you think this is a time to buy?
A: No, there is no question of buying; buy doesn
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