Even as the market greeted the UPA result with an upper circuit opening on Monday — something which has happened for the first time in history — Shankar Sharma, Vice Chairman and Joint MD, First Global said the win was an amazing verdict. “This win is the ultimate game changer for …
Rally doesn’t indicate return of bulls: Shankar Sharma
Posted on: April 24th 2009 in Market Outlook.
Shankar Sharma of First Global continues to believe the markets are still seeing a bear rally as he sees no economic or fundamental factors to indicate the end of the bear phase. He added that poor trade data in India could drive equity markets lower. …
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