Samir Arora, fund manager at Helios Capital believes October is going to be a bad month for equities all across the board. "The European Financial Stability Facility (EFSF) expansion already factored into global equities," he added. It has not been a good start to the month with Nifty seeing 1.5% cuts on the first two trading days. Arora feels the second quarter performance will weigh on Indian equities this month. "I think the result season, in general, will be bad," he said.
