HomeNewsBusinessMarketsNifty may gain 2% post Budget; like Tata Comm: Elara Cap

Nifty may gain 2% post Budget; like Tata Comm: Elara Cap

Harendra Kumar of Elara Capital believes the market may see some selling on Monday as most NDA Budget have been met with selling pressures.

February 26, 2015 / 10:30 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

In an interview to CNBC-TV18, Harendra Kumar of Elara Capital says the market may rally only 2-2.5 percent post the Budget as it has already seen a significant surge in the past few days.

Kumar further adds that the market may even see selling on Monday as that is what has happened in most NDA Budgets.

Story continues below Advertisement

Watch videos for more.

first published: Feb 26, 2015 08:58 am

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!