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Monday, May 11, 2009

Sensex would touch 13000-13500: Geosphere Capital

Arvind Sanger, Managing Partner, Geosphere Capital Management, said

Valuations are a lot more finally balanced. He said the Sensex could touch a high of maybe 13,000-13,500 and a low of 9,000-9,500. The rally in global markets is still continuing.

But one always thinks that one will figure out when it comes. But they don’t ring the bell at the bottom and this has been quite a rally. I guess hindsight will tell whether this is the turn or this is just a bear bounce.


source: CNBC TV18


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