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See 10-15% Move In Indian Markets In 2013: Andrew Holland

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Liquidity-driven risk on trade was the biggest risk for India, said Ambit Capital’s Investment Advisory CEO Andrew Holland, adding that he would rather buy Nifty at 5,500 than at 6,000. “There is a reduction in benefits from falling commodity prices. We do not see a big shift from bonds to equities and foresee 5,500 as a near-term bottom for the Nifty,” he said.