Interact with CNBC-TV18: Dalton's UR Bhat expects mkt to settle in 5900-6200 range

Moneycontrol boarder Rahul from Mumbai enquired whether Nifty will correct till 5500 before elections.

UR Bhat, MD, Dalton Capital Advisors says the call is on foreign institutional investor (FII) flows. “The market can handle some flows of the order that we have had, a billion dollar a month is something that the market may be able to deal with. But if it is accelerated and if it is more than that, I think that is not impossible. But as of now it looks as if market will settle down at about 5900-6200 range,” he adds.