Markets to remain rangebound: Religare MF
"The buoyancy in the market is because of absence of any local cues and markets are part of broad based global rally. Key factors aiding this rally are declining dollar, commodity prices, but there is some risk appetite coming back in the system. It does not indicate a sustained bull run. This is not the right time to deploy cash into the markets," said Saurabh Nanavati, CEO, Religare Mutual Fund.
