Near term market may have upside, global weakness a worry: Sharekhan

Rohit Srivastava, fund manager at Sharekhan, thinks that for near term, it makes sense for traders to go long on Nifty Futures for a 2-6 per cent upside. However, he adds that the trend in the medium term might turn down. Mr Srivastava also feels that global markets are losing momentum in the last few weeks.

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