Markets not frothy, 8500 strong Nifty floor: Prime's Jayakumar

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Retail investors are quietly lapping up stocks without ostensibly creating any noise and that indicates the market could be “in the midst of a very powerful rally”, feels N Jayakumar, President of Prime Securities. He does not believe the market is “frothy” and sees a floor for the Nifty at 8,500.
Source: Top News