Market is possibly factoring in events 6-9 months ahead: Umesh Mehta
Being inherently forward-looking, the market is possibly factoring in events six-nine months ahead, when the economic activity is expected to normalise, and this is what led to the bulls taking charge of D-Street in the week gone by, Umesh Mehta, Head of Research, Samco Group, said in an interview to Moneycontrols Kshitij Anand. Edited excerpts:
Q) The bulls remained in control of D-Street in the week gone by. What led to the rally?
A) Last week started on a muted note for the Indian market wi…