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Energy cos best safe havens for investors: Geosphere Cap

According to Arvind Sanger, the Indian market will now fear a global slowdown as he sees equity markets world-over to remain under pressure. He expects the Nifty to be range-bound between 5,200 and 5,600.

June 02, 2011 / 14:38 IST
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The buoyancy in the market seems to be dying out as most experts believe it to trade in a narrow range for the next few months. But Arvind Sanger, managing partner of Geosphere Capital Management feels there is more in store.

According to him, the Indian market will now fear a global slowdown as he sees equity markets world-over to remain under pressure. He expects the Nifty to be range-bound between 5,200 and 5,600.

Inflation, he said, remained the main challenge to India's growth, quickly adding, "favourable policy measure will help accelerate growth here".

Below is a verbatim transcript of Sanger

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