Nifty may slip below 10k by March: Dharmesh Kant, IndiaNivesh Securities

Kant said the Automobile space was at a disruptive stage and a steep correction in stock prices might see some value buying in this segment

The government has finally acknowledged there's a slowdown in the Indian economy and has announced several measures to revive growth. However, these steps have failed to cheer investor sentiment. Dharmesh Kant, Head of Retail Research, IndiaNivesh Securities tells Chirinjibi Thapa that the current slowdown will take its time and all the government needs to do is stay consistent in terms of policies and provide a level playing field for foreign portfolio investors (FPIs) and industry. Edited excerpts:

Why are markets struggling to recover despite recent measures by the government? Where do you see the Sensex, Nifty by December 2019 and March