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Budget 2013: Mkt to consolidate; avoid infra, bet oil says IIFL

Mumbai | February 05 2013 10 : 55 IST | Moneycontrol.com
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.
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.

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