Infact, customers respond well if something is on sale or discount taking it as their fav brand available at cheaper prices (which might not be the case)..i dont think it gives any impression of desperation
India Investors Best Off Sitting on the Sidelines for Now [View article]
"The Indian market is an emerging market, and a market offering huge potential gains. This fall in the PE of the market has done a lot of long term good, for investing on a fizzling asset is never a wise thing to do. But as for now, the only consensus looks like wait, watch, think and act."
The big question is till when? with Credit suisse estimating sensex at 13K level and UBS saying a fall of 10% is expected in the near term..and lots of FIIs are cashing out of the market..this wait is going to be a really long and painful one!!
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India Investors Best Off Sitting on the Sidelines for Now [View article]
The big question is till when? with Credit suisse estimating sensex at 13K level and UBS saying a fall of 10% is expected in the near term..and lots of FIIs are cashing out of the market..this wait is going to be a really long and painful one!!