Consensus bullishness biggest risk to Indian shares: BofA
Jul 22 2014 , Mumbai
That consensus bullishness may be the biggest risk to shares, BofA says, but sticks to its year-end target of 27,000 for the Sensex.
BofA adds in the near-term India could see a slight pullback on global concerns and a possible monsoon failure.
BofA notes investors interested in Indian midcaps still see low positioning for a domestic economic upturn.