Nifty may trade range-bound; unlikely to cross 5800: Experts

PUBLISHED ON: October 25, 2012 | Duration: 22 min, 13 sec

   
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Mahindra & Mahindra and Hero stocks jump as sentiment improves on the companies' second quarter earnings whereas from the banking sector, Oriental Bank of Commerce stocks rose nearly 7 per cent on good results. Nilesh Shah, MD and CEO of Envision Capital, explains that the current rally is liquidity driven and the markets will continue to follow a narrow range as it may be difficult to cross 5800 levels.
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