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    Mirae AMC warns India likely to continue to underperform

    Government policies, inflation and weak earnings seem to be talking a toll on Indian market. The market sentiment is also largely hit by high crude price and weak global cues. Experts feel that the jittery is set to stay here for long.

    May 17, 2011 / 13:11 IST

    Government policies, inflation and weak earnings seem to be talking a toll on Indian equities. Undermining sentiment further are high commodity prices and sluggishness in developed economies. Given these conditions, near term outlook on the market remains cautious to negative.

    In an interview to CNBC-TV18, Rahul Chadha of Mirae Asset Management said that India will continue to underperform in near-term. According to him, India will need much larger policy push to economy at this point.

    first published: May 17, 2011 09:34 am

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