Sensex likely to touch 21,700 by year-end: HSBC

January 03, 2013 15:37

If you dabble in the stock market, sit up and read this. The BSE index Sensex, which started the New Year on a strong note, is likely to extend the bull- run and touch all time high of 21,700 by this year-end, says a research report by HSBC. Notwithstanding that the premium of Indian markets vis-a -vis other Asian markets have come down lately, HSBC is "overweight" on emerging markets within a global context.

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