business

Govt missing 4.1% deficit target priced in: Altamount

Prakash Diwan believes the market has already priced in the fact that the government may miss its fiscal deficit target of 4.1 percent. He believes valuations are still stretched despite the recent correction and there is still a chance of a 4-5% softness ahead, particularly on the mid-cap side.

first published: Dec 19, 2014 11:28 am