Expect Nifty to remain in 8000-8800 range: Macquarie

Arora expects Nifty to remain stuck in the 8,000-8,800 range for some more time.

July 28, 2015 / 09:00 IST

Rakesh Arora, Macquarie said there is enough happening to keep the long-term interest alive in the market but not good enough to break out of the current range in the near term.

"Can the government push through the GST bill & lead the breakout? As expected, the reporting season too is turning out to be a damp squib," he added.

Arora expects Nifty to remain stuck in the 8,000-8,800 range for some more time.

first published: Jul 28, 2015 09:00 am

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