Nifty may consolidate between 22,000 and 26,000, says Rahul Arora

Rahul Arora, CEO for institutional equities at Nirmal Bang, tells that, with earnings disappointments in India, foreign flows may not return immediately

Dalal Street bulls are keeping their fingers crossed in the hope of a blockbuster year as markets enter Samvat 2081. RAHUL ARORA, chief executive officer for institutional equities at Nirmal Bang, tells Puneet Wadhwa in an email interview that, with earnings disappointments in India, foreign flows may not return immediately. Edited excerpts: 

 

How are you welcoming Samvat 2081 — with a sense of caution or optimism that the worst of the market fall/correction is behind us?

In the old clichéd adage, I would say cautious optimism, and more cautious than optimistic, as the fact remains that we are in an