Citi Lowers Sensex Target To 18,900
  • Elizabeth George
  • Sep 16 2013

September 16: The macroeconomic setup today is similar to that in 1998-2003, says Aditya Narain, MD & India Equity Strategist at Citi. “Growth burst, peaked and then took years to recover; it was a period of slower growth and earnings,” he says, and warns that we will also likely see an expected period of slow growth going forward.