In an interview to CNBC-TV18, Pankaj Vaish, MD, head of markets of Citi, South Asia said, the markets will be in a deep trouble, if the Nifty falls below 4,800. Valuations, he said, will look decent at 4,750-4,800. According to him, the Indian markets cannot rally, until there is global clarity.
Vaish further said, it would be healthier if markets spend some time around current levels.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!