People Are Losing Hope Of Tomorrow: HDFC MF
  • Saba Ashraf
  • Aug 23 2013

August 23: “Optimism of taking out all-time highs this year has gone,” says Srinivas Rao Ravuri, Senior Fund Manager, HDFC Mutual Fund. He explains that market recovery is dependent on GDP growth and adds that he sees GDP growth rate to be sub 5% levels. “GDP growth of 2-3% will make conditions worse,” he adds.