Bullish RBS sees Sensex at 19500-20000, 15-20% gain in 2012

Indian market has shown a massive rally in January and there are still hopes building up. Most experts feel that India is gaining back its strength to charm investor with positive triggers expected by the Budget and state elections results.

Devesh Kumar, Head of Equities, RBS India is betting big as he is expecting around 15-20% gain over this year with the Sensex touching 19,500-20,000.
In an interview to CNBC-TV18, he said, "The second half this year is where the news flows and the numbers will start showing improving signs. I don't think there will be a sharp or big correction because if you look at macro side then gradually numbers are going to build up,