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Budget Analysis: Market to drift lower, see Nifty at 5550-5600, says Baliga

Ambareesh Baliga, Independent Analyst, says that there were hardly any sentiment changes for the market from the Budget. He is of the view that the market will drift lower for next couple of weeks and the Nifty may move closer to 5550-5600 level in days to come. Going forward, only global cues will be seen as a trigger for any bounce back.

first published: Mar 2, 2013 01:53 pm