More Downside in the Market?

Ajay Bagga, CEO of Lotus Asset Management,is of the view that markets are likely to trade volatile in the short-term with more risks on the downside. “As global cues improve, you could see pretty good returns coming back in the Indian markets.”

He feels investors should wait and watch, see how the growth trend in global economies plays out and if there is a sharper reduction in growth before investing.