The Kochi-based market veteran believes that the key lies in stock-picking and identifying them before turnaround starts to take place.
Mahesh Nandurkar of CLSA believes that this season could be flattish on the earnings front. He likes NBFCs from a long term perspective.
Jhunjhunwala is also optimistic on the story of financial savings and feels that large part of savings being invested into equity has just started.
Between 9.33 to 10.33, Nifty may go down. From 10.33 to 13.10 Nifty will follow the pattern of Asian markets, which shall be a time-pass and on the up side, says Ganesha.
The Nifty is in a trading zone of 9,500 to 10,000-10,200 odd for the next 3-4 months, till we see earnings come through, says Akash Prakash, Director, and CEO, Amansa Capital.
For the next couple of days, it could be sideways session but on decline towards 10180, it still remains a buy, says Ashwani Gujral.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, Udayan Mukherjee shared his views and outlook on the markets.
the synergy benefits from the deal with Bharat Financial Inclusion will continue to accrue for IndusInd Bank, said Gautam Duggad, Head of Research - Institutional Equities, MOSL.
Stocks which rose in the S&P BSE Smallcap index include names like Indiabulls Ventures which rose 942 percent, followed by HEG which gained 666 percent, Graphite India (up 484 percent), and Avanti Feeds which soared 365 percent.
In a special conversation with CNBC-TV18's Nimesh Shah, Shankar Sharma of First Global said that he was interested in small caps when no one was tracking them.
Even as these are still early days of earnings season, the trend looks good so far, said Krishna Kumar Karwa
Sunil Sharma of Sanctum Wealth Management believes that money could be made at stock-specific levels despite the earnings story at the index levels.
According to Satish Gupta of astrostocktips, aviation stocks like Jet Airways, Interglobe Aviation and SpiceJet will get astrological support.
The Street could watch out for reactions to Reliance Industries’ Q2 numbers along with slew of other earnings such as Bajaj Auto, Axis Bank and ACC, among others
R Sreesankar of Prabhudas Lilladher says it is continuation of strong inflows in the domestic market that is pushing the market higher even though FIIs have been consistent sellers.
Expects Q2 Nifty earnings to improve to 14 percent after 11 percent fall last year.
We see a limited possibility of a major fiscal stimulus as the government would have to walk the tightrope of restraining the deficit while boosting growth.
In an interview to CNBC-TV18's Latha Venkatesh and Nimesh Shah, S Naren, ED & CIO at ICICI Prudential AMC, Navneet Munot, CIO at SBI MF and Nilesh Shah, MD at Kotak Mahindra AMC speak about how Mutual Funds will pan out in the New Year.
Places bet on better economic prospects going forward and hence believes any correction would be a good time to keep purchasing.
Raymond, SRF, Arvind, Indocount Industries and Rupa & Co will get astrological support, says Satish Gupta of astrostocktips.
Today, the market will witness a very slow pattern. It will be a very boring day. Hardly two trends are foreseen, and besides this trading in the market will be on the basis of a flat pattern, says Ganesha.
Markets are 70-80 percent sure of a US Fed rate hike in December, Geoffrey Dennis, Head-Global Emerging Market Strategy at UBS told CNBC-TV18.
Prakash Diwan of Altamount Capital Management says that never ever rush into buying in results season. It is best time to identify companies that one likes but not buy.
In an interview to CNBC-TV18, Deven Choksey of KRChoksey Investment Managers Private Limited and Dipan Mehta, Member of BSE & NSE shared their views and readings on the market at day's low.
Watch the interview of TS Anantakrishnan, CEO of Varanium Capital Advisors discussing fundamentals of the market as well as on few sectors.