Sensex may crash to 17,000 by March 2014: Religare Capital
Dr Tirthankar Patnaik of Religare Capital told NDTV that yields are very high, markets are poising too much optimism and liquidity and this is a combustible situation. The Sensex could fall to 17,000 from a 12-times earnings point of view in March 2014. The Nifty could go down to 5,000-4,900 levels by March.
