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Friday, Mar 04, 2005

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What they say...

Ms Deena Mehta, Managing Director, Asit C Mehta Investment Intermediates: "Rosy picture of the economy painted by the Budget seems to have attracted the investors. They are buying the good economy story."

Mr Anup Bagchi, CEO, ICICI Direct: "Overall mood is bullish but there is one caveat that only one class of investors (FIIs) are buying in the market. Other investors should also come in. Mutual funds are sitting on cash and they are looking to invest in equity."

Mr Motilal Oswal, Chairman, Motilal Oswal Securities: "Post-Budget, there is enthusiasm from retail investors. Since there are no big IPOs, the money is coming to the secondary market. Atmosphere is very bright for the stock market except for minor corrections."

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What they say...
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