 "Deutsche Bank cuts Sensex target to 28,000")
Dwindling foreign flows into the domestic market could mean lukewarm returns for investors in 2017. Deutsche Bank expects the Sensex to climb only eight per cent in 2017 to 29,000, and expects high volatility. In a conference, the brokerage's India equity strategists Abhay Laijawala and Abhishek Saraf shared their outlook for 2017. Edited excerpts:
Outlook for 2017
As we look into the rest of the year, we don't see as much clarity as we have seen in the past two-three years. This time, uncertainties are both global as well as domestic. Our sense is the market will move in a narrow range
