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The Nifty closed above 5450 level for the first time since February 5, 2008. It rose 28 points or 0.52% to close at 5467.85. The Sensex ended at 18217.44, up 102 points or 0.57%. In an interview with CNBC-TV18, Ajay Parmar, Emkay Global Financial Services gave his perspective on the way forward for the markets.