Though global markets are reeling under the shock of US downgrade, experts back home are not so worried. In an interview to CNBC-TV18, Sanjeev Prasad, ED and Co-head, Kotak Institutional Equities said that there is no cause for panic as valuation is still attractive for Indian markets.
You should not miss this: S&P downgrades US: Why are brokerages not so worried? Prasad is also not expecting interest rates to harden from current levels.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!
