What is your sense about the recovery that the markets have staged right now; holding firmly above the 9000-mark for quite some time now? Do you think that will sustain?
Yes, I think the recovery that we have seen from the lows of 7,500 is largely led by some kind of incremental global flows. At that point in time, when it was touching 7,500, the valuation had gone quite low. So there is a little bit of a revival but I do not see conditions yet for a full fledged recovery. W ..
