business

Market recovers, but analysts warn 'false dawn'

According to Dipan Mehta, member of BSE & NSE, the market managed to cling on to gains made on the forward looking guidance given by Larsen and Toubro, after the engineering major reported higher-than-expected fourth quarter results and said it will be able to sustain their margins despite economic uncertainties.

first published: May 20, 2011 05:05 pm