Last Updated : Jan 28 2013 | 2:26 AM IST
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Moderator (speaking to FII strategist): Since FIIs are driving this market, where do you see the Sensex a month from now?
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Strategist: I hereby certify that no part of my compensation is, was, or will be, directly or indirectly, related to the views expressed here. We like the India story.
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In terms of our in-house valuation tool, taking the Dividend Discount Model adjusted for the implied Equity Risk Premium, and considering the real cost of equity, we find a net upside. Our free cash flow momentum tool indicates the positive RoE implications of a capex turnaround.
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Of course, there
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Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of
www.business-standard.com or the Business Standard newspaper
First Published: Oct 28 2003 | 12:00 AM IST