Moneycontrol PRO

business

Mkt may correct 5-10%, less flows likely in EMs: Amansa Cap

Akash Prakash of Amansa Capital is expecting more downside from the current levels. In an interview to CNBC-TV18, he said that there might be short-term bounce due to oversold nature. According to him, the market is likely to see another 5-10% correction.

first published: Jan 17, 2011 09:57 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai