HomeNewsBusinessMarketsHSBC sees year-end Sensex target at 21000

HSBC sees year-end Sensex target at 21000

The markets have had a tumultuous last couple of days with crucial levels being broken on the downside. Haresh Shivdasani, MD and head of equities at HSBC said his year-end Sensex target is at 21,000. “Indian market valuations are becoming more attractive,” he said adding, “India is viewed as a long-term growth opportunity.”

February 09, 2011 / 16:06 IST
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The markets have had a tumultuous last couple of days with crucial levels being broken on the downside. Speaking to CNBC-TV18, Haresh Shivdasani, managing director and head of equities at HSBC said the key concern for investors right now is near-term headwinds like inflation and interest rates.

first published: Feb 9, 2011 10:07 am

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