HomeNewsBusinessMarketsWill Nifty nosedive below 5200? IL&FS says track oil, interest rates, inflation

Will Nifty nosedive below 5200? IL&FS says track oil, interest rates, inflation

Vibhav Kapoor of IL&FS, in an exclusive interview with CNBC-TV18’s Mitali Mukherjee and Soniya Shenoy says “5200 is very good support level for Nifty.” He says that the global negative cues so far have not affected the market. "The market fell about 1,200 Nifty points before all the news coming in and a lot of the negatives had been factored in."

March 24, 2011 / 18:05 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

The market is believed to show resilience amidst the negative news flow across the globe. However, the toughness is being challenged with mounting concerns that the economy is facing.

Vibhav Kapoor of IL&FS, in an exclusive interview with CNBC-TV18
first published: Mar 24, 2011 10:23 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!