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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.

January 17, 2011 / 22:54 IST
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There is jittery and nervousness in the markets. Experts feel markets may face more troubles in the weeks to come.

In an interview to CNBC-TV18, Ambareesh Baliga of Karvy Stock Broking said that the markets may possibly fall closer to 5,200.
TAGS: #Ambareesh Baliga #Axis Bank #Karvy Stock Broking #MARKET OUTLOOK #markets #midcap banks #midcap IT #Mitali Mukherjee #Nifty #oil companies #SAIL #Sensex #Udayan Mukherjee
first published: Jan 17, 2011 10:11 am

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