Nifty may hit 5300: Taib India

Published on Fri, Mar 12, 2010 at 08:47 |  Source : CNBC-TV18

Updated at Fri, Mar 12, 2010 at 08:50  

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Here is expert equity call for the day on how the markets are expected to trade:

Jagdish Malkani, Taib India: The market looks healthy as FII inflows continue and global markets are buoyant with Greece crisis put on the backburner. There are chances of the Nifty hitting 5300. I will be careful about IT stocks as 3G auction will strengthen the rupee. I will buy PSU banks and FMCG.

  

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