Global crisis may drag Sensex down to 16K levels: Ambit Capital
PUBLISHED ON: August 3, 2011 | Duration: 12 min, 38 sec
Saurabh Mukherjea, head – equities at Ambit Capital, says in the event of the crisis deepening in the West, the markets may fall to 16,000 levels. But without a crisis Sensex should hold up to 18,000 levels. He emphasizes that the banking sector looks worrisome.