Market outlook: Short term remains bearish
Mehraboon Irani of Nirmal Bang Securities says the trend continues to remain down and the worst level for Indian markets was around 4,300-4,400 on the Nifty and 14,000-14,500 on the Sensex. Independent market analysts Sarvendra Srivastava says the Nifty is unlikely to fall below 4,600-4,650 levels.
