Weaker Rupee May Push Sensex Below 18,000: Robert Aspin
  • Ekta Tibrewal
  • Sep 02 2013

There is some concern that equity markets will weaken going ahead, says Robert Aspin, Head Equities Investment Strategy at Standard Chartered Bank. He warns that if the depreciating currency falls past the key 70 per dollar level, it could push markets to the 17000s. “However, this depends mainly on the macroeconomic scenario and the government’s ability to tackle the CAD concerns,” he adds.