MarketsMarkets To Stay Volatile For Next 45 Days, Says Ajay Srivastava
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Markets To Stay Volatile For Next 45 Days, Says Ajay Srivastava
In the next one year, every time the markets rise close to 10% there will be 'more profit booking happening and that will be the challenge for the market', he told NDTV Profit.
Ajay Srivastava also expressed concerns about the Reserve Bank of India's move to cut interest rates. (Photo source: NDTV Profit)
Markets will continue to see volatility for the next 45 days, says Ajay Srivastava, managing director of Dimensions, adding there are no major economic events post the Budget and Monetary Policy Committee meet to prompt buying.Speaking to NDTV Profit, he also cautioned that in the next one year, every time the markets rise close to 10%, there will be "more profit booking and that will be the challenge for the market".While acknowledg...