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    HomeNewsBusinessMarketsNifty below 5700: What strategy you should adopt?

    Nifty below 5700: What strategy you should adopt?

    It was an extremely disappointing session on Dalal Street. After a sluggish start, the indices witnessed a sharp fall in late trade & never really recovered. At closing bell, the Nifty stood at 5,691, down 33 points, while the Sensex closed below the 19,000-mark, with a 113 point cut.

    January 19, 2011 / 22:19 IST

    It was an extremely disappointing session on Dalal Street. After a sluggish start, the indices witnessed a sharp fall in late trade & never really recovered. At closing bell, the Nifty stood at 5,691, down 33 points, while the Sensex closed below the 19,000-mark, with a 113 point cut.

    So what's the range the markets are likely to trade in the near-term? According to Vineet Bhatnagar, MD of MF Global 5650 could be the new floor for the Nifty.

    first published: Jan 19, 2011 05:21 pm

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