Market to see marginal downtrend in the second half of ongoing calendar: Sandeep Shenoy

In a chat with ET Now, Sandeep Shenoy, Head - Equity, PINC Research, shares his view on the levels Nifty would trading in the coming days, months.

ET Now: Do you think Nifty will see 8400 or you think that the 50-pack index will inch up further from where it is right now?

Sandeep Shenoy: Nifty is going to inch up from here because once all the triggers exhausts, you will left with no cues. At this point, we may see capital flows are going into the doestic equities. The market is going to inch up, but yes it is going to be a choppy market and second half of the year could be the one of a marginal downtrend.