One of the biggest stability for the Indian market has been the stability of domestic flows, particularly in bad times, says Udayan Mukherjee
Speaking to CNBC-TV18, Prashant Mehra of Grant Thornton said that 125 transactions worth USD 3 billion had taken place last month.
In terms of further earnings downgrade on the back of disturbing global news, Manish Gunwani, senior fund manager at ICICI Prudential AMC believes there may be some downgrades of 1-2% here and there at the margins.