'See Nifty in 4950-5500 range in next two months'
Sandeep J Shah, CEO at Sampriti Capital says hedge funds looking for quick returns see possibility of high taxes via General Anti Avoidance Rules (GAAR). If global cues deteriorate, Nifty could trade below 5,000 levels, he adds. Sudhanshu Pandey, senior VP at FRR says in case Nifty goes below 5146 levels, there will be short-term panic in the market. He sees Nifty in 4950-5500 range in the next two months.
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