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India is clearly in a cyclical slowdown: UBS Securities

Suresh Mahadevan of UBS Securities feels the current rally in the European markets is reflection of things getting better. But for India to move decisively higher, he said, an India-specific catalyst will be needed, which has been missing so far.

November 08, 2011 / 14:09 IST
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Suresh Mahadevan of UBS Securities feels the current rally in the European markets is reflection of things getting better. But for India to move decisively higher, he said, an India-specific catalyst will be needed, which has been missing so far.

Speaking at the sidelines of the UBS CEO/CFO conference, Mahadevan said, investors are trying to gauge the India story.

first published: Nov 8, 2011 09:53 am

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