Based on their interaction with foreign institutional investors (FIIs) at the Edelweiss Agri-Conference, he does not think FIIs will continue to sell majorly in the near future unless global emerging market (GEM) flows as a structure, category or asset class reverse.
Atul Badkar, VP - Institutional Equities - Derivatives Desk of Edelweiss Securities Ltd expects the Nifty to trade in 200 point range of 5,850 and 6,100 till the end of May series.