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Indian Market To Remain Volatile For Six-Nine Months, Kotak’s Sanjeev Prasad Says
Even a 5-10 percent correction further cannot be ruled out, says Prasad.
19 Sep 2018, 06:44 PM IST 
Traders work on the trading floor of the Motilal Oswal Financial Services Ltd. office in Mumbai, India (Photographer: Vivek Prakash/Bloomberg)
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