HomeNewsBusinessMarketsSee Nifty at 5200; Sensex at 17500 in short-term: Guppy

See Nifty at 5200; Sensex at 17500 in short-term: Guppy

In an interview with CNBC-TV18, Daryl Guppy of guppytraders.com said he expects Nifty and Sensex hitting further downside targets. "The Sensex the downside target is 17500 with the Nifty the downside target is 5200," he stated.

January 20, 2011 / 21:23 IST
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It was a tale of two contrasting halves at the markets today. The indices traded in the negative territory in the first half, before financial and technology shares lead a smart bounce back in late trade.

The Nifty is back above 5700 level and Sensex is above 19,000 once again though it was extremely volatile in trade today. So is the pain over for the moment? In an interview with CNBC-TV18, Daryl Guppy of guppytraders.com said he expects Nifty and Sensex hitting further downside targets.
first published: Jan 20, 2011 03:52 pm

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