business

Nifty may drift to 5400-5250; stick to defensives: IIFL

Nirmal Jain, Chairman, IIFL feels political uncertainty will continue to keep the market on the edge. "There is a probability that there can be early elections and that would mean all the reform processes even if our Finance Minister is very keen to push them through, will have to be put on hold,” he says in an interview to CNBC-TV18.

first published: Apr 4, 2013 01:49 pm