Market optimism is 'unjustified': Credit Suisse

PUBLISHED ON: July 15, 2012 | Duration: 24 min, 28 sec

  
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The markets opened on a strong note on Friday but lost momentum in the afternoon trade and the Sensex closed nearly 19 points down at 17,213.70. Neelkanth Mishra, Head-Equity Strategy, Credit Suisse, in an interview to NDTV Profit, shared his views on how the equity market is going to perform ahead. "Market optimism is 'unjustified'; hopes around reforms are likely to disappoint," he warned.
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