Tuesday, 22 September 2009

Get ready for a fall if mkts go up 10-15% more, says Kotak

Sandeep Bhatia, Executive Director and Head of Sales, Kotak Institutional Equities is cautious on the markets. He feels this renewed strength and strong level of interest is due to the result season in the offing, which is also helping the markets move southwards. “October earnings should raise street earnings estimates for the entire street.”

He advices to get ready for a fall if the markets go up another 10-15%.

Source: Moneycontrol

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