HomeNewsBusinessMarketsBudget 2012: Market may not rally sharply from current levels: StanChart

Budget 2012: Market may not rally sharply from current levels: StanChart

Though the bulls have managed to stay strong in Indian market, Rahul Singh, Head of Equity Research, Standard Chartered Securities is still worried. In an interview to CNBC-TV18, he said that the market is unlikely to rally sharply from current levels.

March 12, 2012 / 13:37 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Though the bulls have managed to stay strong in Indian market, Rahul Singh, Head of Equity Research, Standard Chartered Securities is still worried. In an interview to CNBC-TV18, he said that the market is unlikely to rally sharply from current levels.


According to Singh, the market may take a breather now as the it is looking at some decisive action on atleast couple of executive orders from the government post elections. However, a gradual rise of market in 2012 is not ruled out completely.
Meanwhile, lauding the Supreme Court
first published: Feb 3, 2012 10:43 am

Discover 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!