HomeNewsBusinessMarketsGood news! Mkt may touch 5200 level soon: Ambit Capital

Good news! Mkt may touch 5200 level soon: Ambit Capital

Andrew Holland, chief executive officer- equities at Ambit Capital tells CNBC-TV18 in an exclusive chat that now is a great time to buy Indian stocks with a two year perspective. He sees Nifty moving towards the 5200 levels in the short-term.

October 11, 2011 / 13:44 IST
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Global markets have been rallying upon positive cues from Europe. The rub-off effect is well evident in India too. The domestic bourses, of late, have been more susceptible to international events than domestic newsflow. This is exactly where concern for investors in India stems from, considering growth rates have come off across emerging markets and forex issues cloud investment sentiment, especially with regard to foreign institutional investors.

However, Andrew Holland, chief executive officer- equities at Ambit Capital comes across as a good samaritan in the troubled times. He tells CNBC-TV18 in an exclusive chat that now is a great time to buy Indian stocks with a two year perspective.
first published: Oct 11, 2011 10:07 am

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