Even as market volatility played
havoc with equity investors for the past two years, Pioneer
ITI Mutual Fund has found a novel way to woo this beleaguered
sector.
India's equity market is expected
to witness an upside of 20 per cent during 2002, with recovery,
which according to Salomon Smith Barney equity research, would
be driven mainly by improved earnings, easy liquidity which
would be led by local cyclicals, growth in agriculture and increased
infrastructure spending.
