Expect Nifty to test 6000 in next few months: BP Singh

In a chat with ET Now, BP Singh, Executive Director & CIO-Equities, Pramerica Mutual Fund, shares his views on Nifty range:

ET Now: If we have to characterise the Nifty range, how would you characterise the Nifty range in the run-up to the elections?

BP Singh: In the next one month, you will see some corrections and I expect it to come down to the levels of around close to 6000 but once you get into the month of mid-March till the result date, you will see another 10% to 15% kind of appreciation. So first, there will be close to about 5% to 7% correction followed by appreciation of around 10% to 12%. That is the kind of scenario, I see till the election result date.