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Wednesday, May 6, 2009

Be Cautious : Motilal Oswal AMC


Nitin Rakesh,
CEO, Motilal Oswal AMC


In an interview with CNBC TV 18, He said, " Markets have seen the most spectacular upmove in its entire history. "The market is up 50% in 33 trading sessions."

The markets have outperformed to a great extend. It is likely to move into a value zone. Going forward, risk will return and volatility will increase as there will be a number of cues like the US bank stress test and the outcome of election results to react to." He added that there is reason for investors to pause, evaluate the cues, and cautiously make moves going forward.

any way be cautious...

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