Indian markets will remain vulnerable to weak sentiments abroad: Deepesh Pandey
Deepesh Pandey, Co-Head, Investments, IIFL Capital in an interview with ET Now talks about his market outlook.
What is the call on the overall market and the way we still seem vulnerable to global market risks at this juncture?
We have seen a good run in markets in Asia. India has been doing well for last few months, outperforming all of their markets in Asia and across the world. So it is in that sense vulnerable to any correction, especially some of the sharp corrections which we have seen in US and Europe yesterday and day before.
It remains vulnerable purely because of the fact that it has done so well over last few months and some of the near term triggers are over in the sense that results season is almost over. So it will remain vulnerable to these weak sentiments abroad or any kind of pullback in global markets.
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