Nandan Chakraborty of Axis Capital is certain the impending elections will prevent the government from taking any definitive steps to tame the rupee; hence the onus is on the Reserve Bank to come forward.
Axis Capital's Nandan Chakraborty sees disappointment for the first quarter earnings of FY14. he, however believe things are likely to be better in the quarters ahead.
Nandan Chakraborty of Axis Capital expects a weak environment for FY14 & 15 and the rupee could continue to depreciate next year.
Nandan Chakraborty of Axis Capital says, I am looking at a real bull run immediately after elections. This year it is difficult to forecast a bull market but I cannot forecast a bear market either.