Author Topic: BSE Sensex Target 12000 - INR 60 vs Dollar - CLSA  (Read 1935 times)

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chetan

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BSE Sensex Target 12000 - INR 60 vs Dollar - CLSA
« on: December 19, 2011, 11:22:16 AM »
CLSA's Chris Wood in a report shook the market. He said,

Quote
At this point, with the RBI hamstrung by stubbornly strong non-food core inflation, a violent selloff down to the 11,000-12,000 levels on the Sensex, combined with a further depreciation in the rupee to the Rs60/US$ level, now appears quite possible; most particularly in the context of any potential euroquake.