Market unlikely to fall below 5350-5400: Deven Choksey

Deven Choksey, managing director of KR Choksey Shares & Securities told CNBC-TV18 that election results are less likely to affect to the market unless they are extremely negative.

May 13, 2011 / 17:16 IST
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Assembly election results of the five states, which will come out today, will definitely have a huge impact on national politics. However, as far as the market reaction is concerned, experts feel that the market is more worried about how the government is going to address challenges like crude rate hike, infrastructure project implementations, environmental clearance, etc, post results.

Deven Choksey, managing director of KR Choksey Shares & Securities told CNBC-TV18 that election results may have its reaction in the market but maybe after a couple of days, the market will talk about same issues of crude oil, challenges pertaining to implementations of projects in infrastructure side, etc.
first published: May 13, 2011 10:04 am

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