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Markets may drift to 5400 on FII concerns: IIFL

Nirmal Jain of IIFL feels the markets may drift lower on FII concerns. According to him valuations will become attractive and FII money will return only if inflation eases and political situation stabilises.

January 11, 2011 / 22:26 IST
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Nervousness has crept in the markets with foreign institutional investors (FII) pulling away funds.

Nirmal Jain of IIFL feels the markets may drift lower on FII concerns. According to him valuations will become attractive and FII money will return only if inflation eases and political situation stabilises. In an interview to CNBC-TV18, he said,
TAGS: #FII money #IIFL #Market #MARKET OUTLOOK #Nirmal Jain
first published: Jan 11, 2011 10:20 am

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