If I have to stick my neck out and indicate that this is going to be probably a bull market 2.0 which is going to be as elongated or as probably better than what we saw in the period of 2003 to 2007, said Dhiraj Sachdev of HSBC Global AMC.
Auto components manufacturer Minda Industries today said it has raised Rs 300 crore through Qualified Institutional Placement (QIP).
HSBC's Leif Eskesen believes the Reserve Bank of India may raise interest rates further to deal inflationary pressures. The apex bank on Tuesday raised the repo rate by 25 bps to 7.75 percent and reduced the MSF by 25 bps to 8.75 percent.
Leif Eskesen, chief economist - India & ASEAN, HSBC Global Research tells CNBC-TV18 that Mukherjee's 5.1% target could get a little tricky to achieve.