Nifty @ 9000 soon? Absolutely yes, say experts

The Nifty today reclaimed the psychological 8000 mark climbing 98.80 points or 1.13 percent to 8810.35. While the market closed slightly lower, market experts believe the 9000 mark which is within kissing distance is likely soon.

In an interview to CNBC-TV18, market experts Anand Tandon; Devang Mehta of Anand Rathi Financial Services and Siddharth Bhamre, Angel Broking share their views on the market and their outlook for the upcoming days.

While Tandon and Mehta have no doubts in mind that 9000 could be seen very soon but Mehta believes that there is no fundamental reason for such a rally.

“There was a lot of hope from the Q3 earnings season. However, what has come is very disappointing. But the market won’t reflect that and a pre-Budget rally is highly likely,” he adds.