Nifty likely to hit 4800 in short term: IIFL
Prashasta Seth of IIFL says till oil prices remain elevated, the markets will not perform and the Nifty can go down to 4,800 levels. Market analyst Saumil Trivedi says, FIIs have pulled Rs 8,000 crore in this quarter and so the upside in the market is capped.
