Mkts will retest Oct lows: Alchemy

Published on Fri, Nov 14, 2008 at 09:48 , Updated at Fri, Nov 14, 2008 at 14:22
Source : CNBC-TV18
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|KN Vaidyanathan, CEO of Alchemy Share and Stock brokers said markets will test October lows. "October lows are going to be the |
|bottom of the markets. Bottoms are formed when they are tested and we retested it two-three times." |
|According to Vaidyanathan, markets will look for liquidity and credit in the system and is that likely to improve. As we advance|
|the bad news story to the current and the next quarter, markets would want to see how bad is that bad news. In that phase, there|
|is going to be humungous amount of volatility, he added. |
|[pic]Here is a verbatim transcript of the exclusive interview with KN Vaidyanathan on CNBC-TV18. Also watch the accompanying |
|video.......

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