Sensex Losing 15% to Birla Sun as Costs Hurt Stocks

India’s benchmark stock index, Asia’s worst performer this year, may drop a further 15 percent within four months as rising costs trim earnings and prompt higher interest rates, said Birla Sun Life Insurance Co.’s Vikram Kotak, who predicted 2010’s rally.

Read on: Sensex Losing 15% to Birla Sun as Costs Hurt Stocks
Source: Businessweek.com