Current Market View

Tuesday, March 29, 2011

Nifty will reach a different level by year-end

The Nifty is seeing a very smart move and this has been pretty much carrying on from last week. The enthusiasm refuses to die out. What is the likelihood of this continuing going forward as well?

I have always remained optimistic in the long term. I would not know about the short term to be honest. Going forward, all these issues which are currently obstructing the markets in a manner of sentiment will settle down as we go forward into the monsoon and if the monsoon is good, then pretty much things are on course and towards the end of the year you will see a different level of the index. That is the hope.

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