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Below 5130, Nifty can slide to 4700: Analysts

PUBLISHED ON: May 24, 2011 | Duration: 35 min, 43 sec

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Sudhanshu Pandey of FRR says a large section of the markets would change their opinion to neutral or negative if the Nifty falls below 5130. Mehraboon Irani of Nirmal Bang Securities says there is a consensus that the markets have turned negative because the momentum has been broken.
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