Expect Maximum 5-10% Correction In Index: Ritu Arora
  • Saba Ashraf
  • Aug 12 2013

August 12: Canara HSBC Oriental Bank of Commerce Life Insurance CIO Ritu Arora expects a maximum 5-10% correction in the index. She expects a rate cut as the rupee stabilizes and sees diesel and petrol price hikes as positive. Mutual fund and insurance sectors face pressure, Arora says, adding that her investment strategy is maintaining a well-balanced portfolio.