Moneycontrol PRO

business

Nifty may touch 5200 if Re appreciates to Rs 51/$: Choksey

For Nifty to touch 5,200 levels the rupee will have to appreciate to Rs 51 per dollar and under. Deven Choksey,MD, KR Choksey Shares said,"If rupee shows the signs of appreciation and we see FII flow coming in then probably one could see that level of 5,200-5,250."

first published: Dec 8, 2011 12:36 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347