Religare MF, Nomura rule out 20% cut in mkt, advice caution
June 20th, 2009
It was a bad week for Indian equity markets. However, Friday offered a glimmer of hope. After two days of closing weak, the markets on Friday posted a smart recovery. The Sensex and Nifty closed above their psychological 14,500 and 4,250 marks respectively. However, on a weekly basis the Sensex was down 4.5% while the Nifty was down 5.7%. So, how should investors trade now? What factors do they need to watch out for? Experts Vetri Subramaniam and Prabhat Awasthi delve deeper.