Participation level from domestic institutions will continue to move market up, believes market expert Prakash Diwan. The market is likely to be stock-specific going ahead. Nifty is still vulnerable to any shocks. “As we get closer to 9000 mark, there is left out feeling in domestic institution,” Diwan said. The market today closed higher with Nifty gaining 12.60 points to end at 8939.50. BSE Sensex ended at 28892.97, up 28.26 points. On telecom sector, Ashwani Gujral of ashwanigujral.com said that it is time to start accumulating Reliance Industries. The stock is likely to remain in range of Rs 1100-1200 for some time. SP Tulsian of sptulsian.com said that telecom space can only accommodate three main players. Watch videos for more...
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