Market Watch : Nifty looks for fresh cues as investors eye IPOs by Geojit Financial Services Ltd

Nifty Outlook
We had opened the last two days with bearish expectations, but yesterday’s flattish close points to an attempt by bulls to regroup. This appears feeble though, and we will wait for extended dips to 25440. If the upswings thereafter manages to take Nifty beyond 25570-625 barriers, an early return to 26200-26500 trajectory could be expected. Else, expect 25300.
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