Receding liquidity key concern; long-term OW pharma:Emkay Global

With severe correction seen in the market , it would not be a surprise if the market breaches 7000 levels is the word coming from Dhananajay Sinha of Emkay Global.Throughout 2016, we will have to negotiate with receding liquidity - both domestic as well as foreign.Sector specific, also pharma space has been slowing down the house is not bearish on it, in fact they are long-term overweight. Although regulator issues have been an overhand for the sector, currency depreciation has benefited them.

For more news visit us at 

http://www.marketmagnify.com/services.php

 or call at 07316619100