News Coverage
Commodity Prices, not scams to dictate market movement
25 Dec, 2010, 11:08 IST
| Mumbai, India
IIFL head of research (India private clients) Amar Ambani feels that quarterly earnings and prices of commodities will dictate market movements. He believes that the recent run of corporate scams will not dent market sentiments in the long run as the existence of corruption is known to institutional investors. He tells Ashley Coutinho that rise in crude oil prices is one of the major challenges that Indian market faces.