Global markets have remained in a bearish phase since February 2011, says Jordan Kotick of Barclays Capital. He says, ultimately, this is a correction and in the medium-term he sees upside in the equity markets around the world. On India, he says the risk is still downside vulnerability on both the bourses, Nifty and Sensex.
Markets globally have been in a bearish phase in February this year, but Jordan Kotick, Barclays Capital sees an upside in equity markets around the world in the medium-term. However, he doesn’t rule out the fact that we still are in a bearish phase, which is yet incomplete.