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Global crisis may drag Sensex down to 16K levels: Ambit Capital

PUBLISHED ON: August 3, 2011 | Duration: 12 min, 38 sec

   
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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.
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