Traders work on the trading floor of the Motilal Oswal Financial Services Ltd. office in Mumbai, India (Photographer: Vivek Prakash/Bloomberg)

Indian Market To Remain Volatile For Six-Nine Months, Kotak’s Sanjeev Prasad Says

Indian equities are likely to remain volatile for the next six to nine months, according to Kotak Institutional Equities' Sanjeev Prasad.

The NSE Nifty 50 declined over 3 percent so far this month as concerns of the weak rupee and higher crude oil prices weighed on investor sentiment. “You could be even prepared for 5-10 percent correction if things go wrong on the macro," Prasad told BloombergQuint.

Watch the interview here