More downside possible; but valuations still good: Experts
It was an extremely dark day for markets with Sensex breaching the January lows of 15332. Globally equity markets have seen a sell off but India has underperformed its peers today.
Falguni Nayar, MD at Kotak Mahindra Capital says that the overall market has corrected a lot and there could be further downside from here, however valuations still seem quite attractive and they are only going to become better.
http://indian-stock-market-news.blogspot.com/2008/03/more-downside-possible-but-valuations.html
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