You are here: Home>Collections  Nifty falling below 7500 levels
should be seen as a buying opportunity: Ashwani Gujral  ET Now
Aug 1, 2014, 04.05PM IST ("The idea should be that…)  In a chat
with ET Now, Ashwani Gujral, Fund Manager,, shares his views on
the markets.  ET Now: What is your call on the market right now?
Ashwani Gujral: Even if you take the rupee etc. out of the
equation, the market is sideways and it was supposed to go to
7450 anyway. Now if Argentina takes it so be it but clearly the
market is now in a sideways phase after many months of trending.
So the idea should be that people should get ready to buy the
moment we start hitting levels below 7500. That is the view till
now. Let us see how much the global markets corrects. Chances
are that we should not substantially break the 7400-7500 zone
unless something different starts to happen in the next few
days. The rupee should get to about 62.00-62.50. Chances are it
will turnaround from there. So everything is kind of
synchronised and we could