BNP Paribas' 12-month Sensex target 9476

BNP Paribas' 12-month Sensex target 9476
6 Oct, 2008, 1452 hrs IST, ECONOMICTIMES

MUMBAI: BNP Paribas' 12-month Sensex target is 9476 and this FII points out that the Indian market is likely to suffer the most from a withdrawal of liquidity.

BNP has put India as the most under - performing market over the 12 months, with a recent research highlighting the difficult conditions in the domestic economy due to a high current account deficit, coupled with a tight monetary policy restricting the growth outlook.