Sanjeev Bhasin Turns Bearish, Expects Nifty To Crash By 1,000 Points

Indian stock markets have rallied sharply over the last five months, with the Nifty index gaining nearly 25 per cent since February 29. The huge rally in domestic markets has been fuelled by aggressive buying from foreign investors, who have pumped in nearly $5 billion in equities this year. The current rally however may have reached its zenith, according to Sanjeev Bhasin, executive VP (market & corporate affairs) at domestic broke...