For sometime now, the upside for the Nifty is around 5,400 levels to 5,600 levels, said Sandeep Shah, chief executive officer of Sampriti Capital. He told CNBC-TV18 in an interview that this quarter has had the worse quarterly results in couple of years. According to him, the broad trend clearly suggests further downgrades in the coming one or two quarters.
Meanwhile, shifting his focus to the global issues concerning the market, Shah indicated that the portfolio strategy should continue to stay defensive till the euro crisis is resolved. "Until anything drastic happens, we shouldn
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