Business Standard

‘Risk-reward is unfavourab­le for equities in the near term’


Recent geopolitic­al events have kept a check on the runaway market rally seen thus far in calendar year 2017 (CY17). ABHAY LAIJAWALA, managing director and head of research, Deutsche Equities India, tells PuneetWadh­wa that his December 2017 target for the S&P BSE Sensex is 29,000. Purely from a returns perspectiv­e, he expects mid-caps to fare better than large-caps. Edited excerpts:

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