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Negative on global equities: Jim Walker


Equity markets are running ahead of fundamentals, says Jim Walker, founder CEO and managing director of Asianomics. He is negative on global equities and says that uncertainty about continued liquidity support from central banks is making markets nervous. Mr Walker also expects the Indian economy to remain weak in FY14, but says that he is a buyer of the Indian rupee.

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Company Price (Rs.) CHG %
APOLLOTYRE 173.00 7.49%
CROMPGREAV 188.85 6.57%
ARVIND 192.00 6.19%
IRB 117.10 6.07%
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