'See Nifty between 4,800 to 5,100 levels for 3 months'

Published on: Thu Dec 08, 2011 | 17 min, 21 sec

Kunj Bansal, CIO of Sanlam India says that market fall in August to October period was due to the Euro Zone crisis. But in the last month, domestic conditions like fiscal deficit and rupee depreciation have affected the Indian market. He sees Nifty trading between 4800 to 5100 levels for the next three months.

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POll

Considering the mounting pressure, will the govt roll back petrol price hike?
 
Yes, only marginally
No
Can't say