Mr. Pashupati Advani of Advani, OTC DealersIn an interview with CNBC TV 18, Said that current rally in the markets has been very fast and a lot of investors have missed it. "Most investors are feeling left out, but may not enter at current levels." He feels the current rally is unlikely to extend till election results are out.
"Also, liquidity levels have increased. However, we don't think the bear market is over and continue to remain bearish on markets. We think there are more chances of Sensex going to 9,000 than 13,000 in May."
He does not see markets going back to recent lows.
Further he said, the outcome of elections may not be a big driver, expect if a coalition government comes to power.
"Also, liquidity levels have increased. However, we don't think the bear market is over and continue to remain bearish on markets. We think there are more chances of Sensex going to 9,000 than 13,000 in May."
He does not see markets going back to recent lows.
Further he said, the outcome of elections may not be a big driver, expect if a coalition government comes to power.
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