Moneycontrol PRO

business

Mkt needs to consolidate before making next move: Daiwa MF

The market has witnessed a strong since the beginning of 2012. David Pezarkar of Daiwa Mutual Fund says, after the recent run-up, he will be cautious. “Since we have had such a sharp rally, I would think that the market needs to consolidate just a little bit before making its next move,” he adds.

first published: Feb 17, 2012 05:54 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347