Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Sep 19, 2018

Indian Market To Remain Volatile For Six-Nine Months, Kotak’s Sanjeev Prasad Says

Indian Market To Remain Volatile For Six-Nine Months,  Kotak’s Sanjeev Prasad Says
Traders work on the trading floor of the Motilal Oswal Financial Services Ltd. office in Mumbai, India (Photographer: Vivek Prakash/Bloomberg)

Indian equities are likely to remain volatile for the next six to nine months, according to Kotak Institutional Equities' Sanjeev Prasad.

The NSE Nifty 50 declined over 3 percent so far this month as concerns of the weak rupee and higher crude oil prices weighed on investor sentiment. “You could be even prepared for 5-10 percent correction if things go wrong on the macro," Prasad told BloombergQuint.

Watch the interview here

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search