Initial signs of commodity markets rallying: Pramerica
SV Prasad, chairman of Chime Consulting and Ravi Gopalakrishnan, ED and CIO – equity at Pramerica Asset Management, talk about movement in stock market. Gopalakrishnan says markets are likely to retrace back to earlier highs, and expects corporate earnings to be around 20-22 per cent. Dark clouds for markets would be rising oil prices and high interest rates, he adds.
