Feb 19, 2012 10:24 PM IST | Source: CNBC-TV18

Nifty to touch 5800 before correction sets in: Ridham Desai

The market's price structures are telling us that something different is going on, says Ridham Desai, managing director of Morgan Stanley.

The jury is still out on whether the current surge in equities is the start of a roaring bull market or just another big bear market rally.  The stock market's volatility and concerns about Europe's deepening financial crisis signals investors should remain cautious.

However, the market

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