This is not where the market will pause, say experts. The cut can get deeper with the Nifty going down to 4,700-4,800 levels, according to chief operating officer of Way2Wealth, Ambareesh Baliga. But it is not as bad as 2008, he said, reasoning that people are not really leveraged as of now.
first published: Aug 8, 2011 05:37 pm
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