Markets: Don't pull the plug yet

by Ajay Jindal/ ETBB

The market’s breathtaking rise continues. For the first time, serious divergence of opinion is beginning to emerge amongst market players about future returns. Some top broking firms have come up with a fairly bearish outlook.

A top foreign broker pegs the sensex fair value for end-’06 at 8500 levels — about 30% down from current levels. A leading Indian broking house has offered 9500 levels as a reasonable year-end target — about 20% down from current levels.

Click here for the full article.

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s