The macroeconomic headwinds, in terms of growth slowdown, interest rates hikes and the sticky inflation have refused to give up. And, the challenge is all set to eat into the pie of the FY12 earnings, says Vetri Subramaniam, CIO of Religare Mutual Fund, in an exclusive interview to CNBC-TV18.
In an exlusive interview with CNBC-TV18, Lalit Thakkar, managing director of Angel Broking believes the market is taking all the negative notes in their strides. "We are expecting the market to net net to bottom out at 5,300 levels," he added.