Expecting further correction in markets: Edelweiss Securities

Vikas Khemani, head – institutional equities at Edelweiss Securities, says fundamentally things have not improved and corporate earnings will remain under pressure. He adds once the short covering is over then there will be more correction in markets. Rajesh Baheti, MD of Crossseas Capital Services, believes if Nifty crosses 5100 levels then it will trade between 5200-5300 range.