Sensex could scale 21000 in 2009: Macquarie
Richard Gibbs, Global Head, Macquarie Securities said that there would be a greater rush of liquidity in India and China — two of the world’s leading high beta markets. “I expect we are going to see valuations stretch as that money continues to come in.”
He added that the Sensex breaching 21,000 was possible in 2009 [...]
See why Raamdeo Agrawal is bullish on Tata Motor, Bharti
Raamdeo Agrawal, Director and Co-founder, Motilal Oswal said that the pessimism in oil marketing companies (OMCs) was over and OMCs are rallying as positive moves are expected in the stocks now. He added that Cairn will see large cash flows from now and that the Gas Authority of India Limited (GAIL) will benefit from flow [...]