Pvt Banks Not A Safe Bet Any Longer
  • Prabha Hegde
  • Aug 01 2013

August 1: The rupee is falling but markets are near 5700, what is a good target for the index in this scenario? There is no point in having an index target says Andrew Holland, CEO at Ambit Investment Advisory. Private banks are over-owned by FIIs and are not a safe bet anymore, he adds.