Not much action likely on the market now: Sharyans Resources

What is the outlook like on the Nifty right now?

CK Narayan: It has been extremely flat and extremely dull day as far as Nifty trading is concerned. Stocks are a bit alive but then the action seems to be in the stocks which are not really majorly contributing to the index. So we are probably not seeing too much action. Market is in the process of trying to facilitate some rollovers and I do not think anybody is really taking any aggressive action ahead of the events of Economic Survey, Railway Budget, Annual Budget. So people are just letting it be and waiting for the actual event and flow of news before they will actually take up some positions. So maybe we will see this market persist with the same behaviour into today as well as tomorrow.