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Why JM Fin, Macquarie differ on Nifty's next move

Overall market set-up continues to remain very weak, so there is high chance of the Nifty breaching 5,700 level soon, cautioned Gautam Shah of JM Financial. On the other hand, Rakesh Arora of Macquarie Capital doesn‘t see the Nifty correcting beyond 4-5 percent from here on.

first published: Feb 4, 2014 11:50 am

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