Friday, January 13, 2012

Place your bets on India

..... Crisis situations will erupt in the power, coal, rail and banking sectors. Markets will continue to de-rate, lose global relevance, and investors will write off the country till 2014. Even the RBI cutting rates will not be enough to trigger a capital expenditure cycle, as policy constraints will continue to hamper investment. Markets will continue correcting from both time and price perspectives. All this is independent of the continuing global uncertainty....

Read.............