Indian investors should be defensive: UBS Securities
By Prashant R Nair | Published On: August 21, 2012 12:30 (IST) | Duration: 15 min, 22 sec
Gautam Chhaochharia, ED & Head-India Mid Cap Research, UBS Securities advises Indian investors to be defensive. He is underweight on the financial sector. He likes Federal Bank, ICICI Bank currently but not SBI. "4700-4800 is a good support level for the market," he added.