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Budget 2013: Mkt to consolidate; avoid infra, bet oil says IIFL
Nirmal Jain, chairman, IIFL expects the market to consolidate at same levels till the Budget. "The market has witnessed a good run-up since 2012 and FII inflows are strong," he explains on CNBC-TV18 and adds that the market continues to move lower due to poor DII outflows.
| Mumbai, India
Nirmal Jain, chairman, IIFL expects the market to consolidate at same levels till the Budget. "The market has witnessed a good run-up since 2012 and FII inflows are strong," he explains on CNBC-TV18 and adds that the market continues to move lower due to poor DII outflows.
