HomeNewsBusinessMarketsMkt not to go below 4750, could bounce to 4950-5000: Baliga

Mkt not to go below 4750, could bounce to 4950-5000: Baliga

Ambareesh Baliga, chief operating officer at Way2Wealth joins CNBC-TV18 to give his perspective on the trades today.

October 05, 2011 / 11:54 IST
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Ambareesh Baliga, chief operating officer at Way2Wealth joins CNBC-TV18 to give his perspective on the trades today. He says that the Nifty is likely to see a bounceback to 4950-5000 levels soon, and he does not see a major cut below 4750 points.

Below is the edited transcript of the interview. Also watch the accompanying video for his comments. Q: First, your take away from what happened with SBI yesterday? How worried would you be if at all and is everything in the price already?
A: I suppose with the sort of falls which we saw yesterday, it
first published: Oct 5, 2011 08:59 am

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