Moneycontrol PRO
Black Friday Sale
Black Friday Sale

business

Baliga warns mkts may slip to 5200, bets on steel on dips

In an interview to CNBC-TV18 Ambareesh Baliga of Karvy Stock Broking said that the markets may possibly fall closer to 5,200. “Before that we could have a few small bounce backs but 5,700 levels would be a major resistance. Crossing that would be difficult,” he explained.

first published: Jan 17, 2011 10:11 am

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