HomeNewsBusinessMarketsUpside capped, see Nifty in 5600-6000 range: Rada Advisors

Upside capped, see Nifty in 5600-6000 range: Rada Advisors

In an interview on CNBC-TV18, Nitin Raheja, CIO, Rada Advisors says, the markets are likely to remain range-bound. The upside seems capped, he says. “The Nifty is expected to trade between the range of 5,600-6,000 levels,” he adds.

May 02, 2011 / 17:14 IST
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In an interview on CNBC-TV18, Nitin Raheja, CIO, Rada Advisors says, the markets are likely to remain range-bound.

He further says, according to the valuation perspective, the upside seems capped because of the earnings 'downgrade cycle'.
first published: May 2, 2011 04:04 pm

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