'Not The Time To Pull Out Of Equities'

Mon, 07 April 2025

12:09

As the global stock market carnage deepens on Monday, Ashish Shanker, MD and CEO, Motilal Oswal Wealth, warns that further declines in equity valuations are on the horizon.

With global uncertainties compounded by tariff-induced economic pressures and subdued domestic recovery, Shanker tells Prasanna D Zore/Rediff that a descent to 21,000 -- which is another 4% downhill from the current level of Nifty 50 -- on the 50-stock benchmark Nifty is not unthinkable.

Read the interview here.

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