Despite witnessing much volatility throughout the week, the Indian market marked a grater-than-expected recovery on the last day of the week. Meet of Empowered Group of Ministers (EGoM) on fuel price revision and sharp fall in crude oil prices boosted the market.
Prasun Gajri, CIO, HDFC Life, in an interview on CNBC-TV18, spoke about his reading of the market. He cautioned that the market is going to be rangebound for now despite there is positive news on the global front on the back of falling crude prices. Below is a verbatim transcript of his interview with CNBC-TV18's Latha Venkatesh. Also watch the accompanying video. Q: What is the sense you are getting, did the market over discount the negatives and it is still very much in buy zone? A: ItDiscover 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!
