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Index Not Reflecting Market Reality: Toral Munshi

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August 5: The indexes are not reflecting the market realities, Credit Suisse Wealth Management’s Toral Munshi says, adding that “The Sensex is estimated at 18,500-20,000 levels.” She further draws attention to the fact that there only a handful of stocks that are keeping the index in the current range. She also maintains underweight on financials and overweight on auto.