India Investment, Stocks, Credit Card and Retail Forum
Investments in Indian Equity and Research => Equity Investments, Fundamental Research and Sectors Review => Sensex and Nifty Company Analysis => Topic started by: komal on June 28, 2012, 12:08:48 PM
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Deutsche Bank in a report released just minutes ago expects a Stock market Rally in India. The report said,
bullish stance on Indian markets as confluence of lower oil prices, 3-years low valuations (Sensex valuation at 12.3x 1 yr forward is lowest since June 2009), a sharply depreciated INR (+25% yoy), and a likely improvement on policy expectations will lend support to markets. However, for the rally to get more entrenched, the policy environment will need to improve considerably.