The Indian market has seen an almost 20% spike since the beginning of 2012. Pratik Gupta, Head of Equities - Deutsche Equities India tells CNBC-TV18 he sees consolidation taking place in Indian equities in the near-term.
He does caution that in an environment where there is global liquidity sloshing around, where central banks are pushing out liquidity, you got to have a really negative view on fundamentals to take somewhat of a negative view.
With a limited downside, he expects liquidity to continue supporting our market. He also expects to see some stability in the market once key events in March
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