Trend

Has Demonetisation been Discounted by the Market?

The benchmark indices have corrected 5% since November 8 after the currency ban came into effect

|
Published 5 years ago on Dec 13, 2016 1 minute Read

Gautam Trivedi, CEO, Religare Capital Markets

The full impact of demonetisation has not been completely understood yet. If you talk to companies today, they have a vague understanding of what it might entail. I don’t think companies and consumers are really braced to face the impact of demonetisation. The impact of this move will unfold in the next two to three months. We are not recommending buying the market at this point beca

unsub

You don’t want to be left behind. Do you?

Our work is exclusively for discerning readers. To read our edgy stories and access our archives, you’ve to subscribe