The Indian market is watching global cues to figure out the next decisive move. In an interview to CNBC-TV18, Arjuna Mahendran, managing director, head investment strategy Asia of HSBC Private Bank (Suisse) SA said, the European crisis is not anywhere close to closure.
According to him, the latest European proposal to recapitalise European banks does not adequately address the problem.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!