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India valuations will look decent at 4750-4800: Citi

In an interview to CNBC-TV18, Pankaj Vaish, MD, head of markets of Citi, South Asia said, the markets will be in a deep trouble, if the Nifty falls below 4,800. Valuations, he said, will look decent at 4,750-4,800. According to him, the Indian markets cannot rally, until there is global clarity.

August 10, 2011 / 12:40 IST
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In an interview to CNBC-TV18, Pankaj Vaish, MD, head of markets of Citi, South Asia said, the markets will be in a deep trouble, if the Nifty falls below 4,800. Valuations, he said, will look decent at 4,750-4,800. According to him, the Indian markets cannot rally, until there is global clarity.

Vaish further said, it would be healthier if markets spend some time around current levels.

first published: Aug 9, 2011 12:18 pm

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