Sensex poised to take 21,000 in 2013: BNP Paribas

Investment bank BNP Paribas has come out with its market outlook for Indian equities in 2013. The bank expects Sensex to attain a target of 21,300 by December 2013, indicating a modest 10 per cent growth from current levels of around 19,300. "At our target, the Sensex would be trading at 14.1 times one-year forward price earnings and 2.28 times one-year forward price by book value," the investment bank said in a report. BNP P...