Nifty won’t breach 4700 soon: Envision Capital
August 6th, 2009
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Nilesh Shah of Envision Capital is of the view that markets are probably in some kind of a pause mode at present. “I would probably say that the market is in some kind of a consolidation phase,” he said. He believes 4,700 on the Nifty will not get breached very easily and, that, clearly, has got a lot to do with valuations.