The stock market has been topsy-turvy since the Union Budget. A big one-week sell-off followed by a big one-week comeback and the Nifty is perched again near the 4,500 mark.
In an interview , Akash Prakash, Fund Manager and CEO, Amansa Capital discussed the future outlook for the stock markets. He said he was a little cautious on the global markets. “I still feel that the US and Organization of Economic Cooperation and Development (OECD) economies have serious economic problems and again the investors are getting a little complacent in those markets. I think the markets will stabilise or remain rangebound for sometime,” he said.
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