HomeNewsBusinessMarketsStay hopeful India; see relief rally by year-end: HSBC

Stay hopeful India; see relief rally by year-end: HSBC

On the India story, Arjuna Mahendran, Managing Director, Head Investment Strategy Asia, HSBC Private Bank finds that the sluggishness could go on till Diwali. “But we might see a relief rally by year-end.”

August 02, 2011 / 15:06 IST
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The US rally was short-lived, on news of a US debt accord being signed. Arjuna Mahendran, Managing Director, Head Investment Strategy Asia, HSBC Private Bank finds that even though the US debt ceiling issue is put behind for now, nothing has been cleared. In fact, problems plaguing the US economy and Europe still exist.

first published: Aug 2, 2011 12:32 pm

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