NIFTY  8,821.70  0.50%
  SENSEX  28,468.80  0.59%
 CURRENCY  Rs  67.02/$ 71.15/€, 83.19/£
  GOLD  29,358.00  -0.20%
  SILVER  42,937.00  -0.17%
  DAX  11,757.00  -0.00%
  FTSE  7,299.96  0.30%
  CAC  4,867.58  -0.55%
  HANG SENG  24,033.70  -0.31%
  NIKKEI  19,234.60  -0.58%
  Shanghai Composite  3,202.07  -0.47%
  DOW JONES  20,624.10  0.02%
  NASDAQ  5,838.58  0.41%
  S&P 500  2,351.16  0.17%
RUPEE AT CLOSE - Rupee Ends At 67.01/$ Vs 67.07/$ On Thursday HDFC BANK MD - Note Ban Will Lead To Transparency, Efficiency, Cost Reduction

See Challenges On Profit Margins & Growth Outlook: Tai Hui

Video:

Play this video

September 10: Valuations attractive for equities but the fragile confidence makes it difficult to convince investors in the short term, says Tai Hui, Chief Market Strategist Asia at JPMorgan Funds. JPMorgan may slowly build position in India, but there is a need to be selective, he says. “Moreover, strong earnings growth outlook need to be revisited,” he says, adding that high inflation and sluggish economic growth outlook will hurt profit margins.