Shankar Sharma, chief global trading strategist, First Global, spoke to Ujjval Jauhari on the markets.
How do you see the markets panning out from here on, given the recent sell-off? What are the likely triggers for an upside / downside?
The worst seems to be over for now. We will have to see what fresh developments take place globally, but I don’t see an immediate downside from here on. The markets have corrected substantially and we can argue to a reasonable extent that the negatives are factored in at current levels.