Pantaloon Retail can touch Rs 175: Datta

Pantaloon Retail can touch Rs 175, says Devangshu Datta, Consulting Editor, Business Standard.

Datta told CNBC-TV18, "Manappuram and Muthoot lost ground because of the restriction on gold and the budget thing raising custom duties on gold. In both cases what you have got is a short covering bounce. Possibly the market figuring out that fundamentally they can live with the new CAR (Capital adequacy ratio) or whatever it is. I don