Profit

Market to bottom out, see 5-10% correction: Citrus Advisors

PUBLISHED ON: December 5, 2011 | Duration: 12 min, 41 sec

  
loading..
Sanjay Sinha, Citrus Advisors, says that he is seeing symptoms of market bottoming out and expects another 5-10 per cent correction in near term. However, he added, that unlike the 2008 fall, the market is bearish because of Indian macro slowdown. He added that he expects corporate profits to grow by 8-9 per cent in near term, with interest rates showing a downward trend.
ALSO WATCH
'India Needs Investment': IMF's Gita Gopinath On Snub To Jeff Bezos

................................ Advertisement ................................

................................ Advertisement ................................