business

Mkt to consolidate further; bet on pvt banks: Mirae Asset

Rahul Chadha of Mirae Asset Global Investments, says that the central bank will have limited ability to revive the economy by cutting rates again aggressively. He also feels that the market will be in consolidation mode for next 2-3 months and the fair value for the rupee is between 53-55/dollar.

first published: Nov 21, 2012 09:27 am