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Nifty can hit 10,000 by December'17-end: Jayant Manglik

US President Donald Trump's geo-political agenda will favour India, says Jayant Manglik

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jayant manglik

Aprajita SharmaPranati Deva New Delhi
Nifty50 companies may report 7-8% growth in FY17 and double of that in FY18, said Jayant Manglik, president - retail distribution at Religare Securities. In an Interview with Aprajita Sharma and Pranati Deva, he stressed that the next financial year will be a watershed year for the stock markets. Edited excerpts:
 
What are the likely triggers for the markets from here on?
 
I believe crude oil is the joker in the pack. If crude oil goes up significantly, we’ll be in trouble as we import 80% of our oil needs. The rupee took a beating even