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Indian markets to enter multi-year bull run if rupee breaks 51: Kotak Securities

With the dependency on currency increasing, Indian markets will enter into a multi-year bull run phase if the rupee breaks resistance at 51, says Shrikant Chouhan, Senior Vice President for Technical Research at Kotak Securities.According to Chouhan, clarity on a multi-year bull-run for equity markets will come only around February end. Commenting on the Nifty, Chouhan said, "On an immediate basis, levels like 5880 and 5920 are going to act as major trend decider levels for the market. .. Read More http://bit.ly/WdLZtj