Pre-budget rally can extend upto 4,900-5,000: IL&FS
Vibhav Kapoor, IL&FS: Despite valuations looking stretched, the momentum is too strong backed by buying interest from foreign investors. A pre-budget rally can get extended on the Nifty upto 4,900-5,000. Satyam looks good post unaudited numbers. Focus is likely to be back on large caps in the near-term.
source: Moneycontrol
Tags: 4900, 5000, budget, budget rally, IL&FS, nifty, pre budget rally
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