Clive McDonnell, Head - Equity Strategy of BNP Paribas says that he expects the dollar to strengthen in 2011 and therefore, sees limited FII flows, given the stronger dollar.
McDonnell sees continued pressure on Indian equities fuelled by the withdrawal of flows from South East Asian equities. He also sees a slight downward risk to the earnings of Indian banks. Below is a verbatim transcript of Clive McDonnellDiscover 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!
