Sensex may move to 33000 by Dec 2015: Citi

We see India getting more hedged on flows, and along with the business and macro cycle ahead, remain positive with a Sensex target of 33,000 for December 2015, says Aditya Narain of Citi.

May 15, 2015 / 09:05 IST

Aditya Narain of Citi said, "India's high absolute and relative foreign ownership is perceived a key ownership risk. But underway and potential domestic inflows could well be the markets' insurance, and its upside."

He further added, "We see India getting more hedged on flows, and along with the business and macro cycle ahead, remain positive with a Sensex target of 33,000 for December 2015."

first published: May 15, 2015 08:36 am

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