business

Market in woods: Nilesh Shah says hunt for midcaps, infra

Nilesh Shah, Managing Director and CEO of Envision Capital feels that valuations of Indian equities have become attractive, however, investor mood is still pessimistic. “The National Stock Exchange’s Nifty may break its 5,200 lows if Reserve Bank of India (RBI) continues to raise policy rates,” he adds.

first published: Jun 23, 2011 09:10 am