Nifty will not go below 5300-5350: Prabhudas Lilladher

Published on: Thu Feb 23, 2012 | 6 min, 34 sec

Sandip Sabharwal, CEO - PMS of Prabhudas Lilladher said that the stocks market are likely to move up in near term with Nifty to not go below 5300-5350 levels due to FII inflow. However, he added that a steep increase can lead to consolidation. He advised investors to buy Bharti Airtel and SBI stocks.

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POll

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