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Largecaps could fall more than midcaps this time, financials underperform most: Sandip Sabharwal

India needs economic recovery and I think a shallow recovery will happen because the rural economy itself will recover. But besides that, I do not see any sign. Globally, I think a reversal in the US market is imminent now. The stock markets in the US have seen a parabolic rise and such parabolic rises normally lead to sharp selloffs.

Sensex jumps 80 points, Nifty tops 12,200; Coffee Day jumps 5%

In the Sensex pack, Asian Paints was the biggest gainer, up 1.07 per cent at R...

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