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Expect flat Oct series; see Nifty at 5800-5850: IIFL

Manoj Murlidharan, Assoc VP- Derivatives at IIFL believes the current market rally was largely fuelled by liquidity coming in from foreign institutional investors. According to him, the Nifty has topped out and not only for the October series, it is likely to hover around 5800-5850 for the rest of 2012.

first published: Sep 27, 2012 04:14 pm

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