The Indian market has been subdued over the last couple of sessions. In an interview to CNBC-TV18, Amit Gupta, ICICI Direct says, the Nifty may take out 5,400. "We should not buy the market now rather we should just wait for some declines," he advises.
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According to him, the Nifty may see support at 5,280-5,340. "If you look at the market, I think it has largely been driven by the largecaps and not by the midcaps," he adds.
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