Earnings to take mkt to lower end of 4800-5200 range: Rada

Nitin Raheja of Rada Advisors joins CNBC-TV18 to opine on the earnings season and give an indication of where the market is moving. He says that though the earnings are not too bad, it is likely to drag the market towards the lower end of the trading range at 4,800 than the upside at 5200. 

Below is the edited transcript of the interview. Also watch the accompanying videos. Q: From what you have seen of the earnings so far, do you think that we are going to stay within this range of 4,800-5,200? A: If anything, the earnings might actually drag the market marginally downwards towards the bottom-end of the range that you talked about rather than the upside. We were hopeful, given the kind of strength that the market had exhibited in the last few days, that probably in this settlement, it would breach the range on the upside. But today