Sangeeta Purushottam, MD of Nine Rivers Capital believes the market is going up on liquidity gush and hope that the government will finally find the willpower to do take up some reforms.
Sangeeta Purushottam, managing director of Nine Rivers, says that a weak monsoon cannot be shrugged off by the market.
Sangeeta Purushottam, managing director of Nine Rivers Capital tells CNBC-TV18 that a 10% correction from current levels will not shock anyone.
Sangeeta Purushottam, MD, Nine Rivers Capital feels that there may be a bout of profit booking unless the policy throws some surprise.
Sangeeta Purushottam, Managing Director, Nine Rivers Capital shares her view on telecom space.
The Indian market witnessed a stellar rally over the last two-sessions. Sangeeta Purushottam, managing director of Nine Rivers Capital says it is just a relief rally. Purushottam says, "There would be a new low somewhere during the course of the next year. "
Prefer banks for longer term, says Sangeeta Purushottam, Managing Director, Nine Rivers Capital.
In an interview with CNBC-TV18, Sangeeta Purushottam, Managing Director at Nine Rivers Capital says we are still sometime away from the bad news actually bottoming out.
The market has been grinding into lower range over the last few months, said Sangeeta Purushottam, managing director of Nine Rivers Capital. She expects the Nifty to grind lower in the next few months as well. “We cannot completely rule out price damage,” she added.