If tomorrow we are able to hold above 9980 on the Nifty, then we will at least make one attempt of a bounce from that level, says Ashwani Gujral.
Gautam Chhaochharia believes that the renewed political stability will give confidence to investors in the short term.
Nifty earnings have remained flat for the last five years and hold the key for further re-rating
Strength in Rajya Sabha is another reason why this Grand Alliance is positive for markets and reform push. Strength in Rajya Sabha will help the Modi-led government to push through crucial reforms with ease.
The whole character of this market is a very large domestic allocation of equities which has provided a solid base to this market, said Rajat Rajgarhia, MD, Institutional Equities, Motilal Oswal Securities.
Some of the reforms undertaken by the Modi government make a case for acceleration of economic growth, said Jim O'Neill, Former Chairman, Goldman Sachs AMC.
Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 12.5 points at the opening bell, says Maximus Securities.
Liquidity can take the market to higher levels but it needs the support of earnings to sustain at those elevated levels, said Raamdeo Agrawal, Co-Founder & Joint MD, Motilal Oswal Financial Services.
For the medium term we remain extremely positive on markets and by the end of 2017, we might scale another milestone in the form of 11,000 marks.
Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 8.5 point at the opening bell, says Maximus Securities.
Fundamentally, the valuations are stretched and that is why we are seeing slow movement in the index with select stocks gaining majorly.
Ashwani Gujral of ashwanigujral.com said if we have a big gap-up opening for Nifty tomorrow, it should be accompanied with some macro news.
Saurabh Mukherjea of Ambit Capital said that the impact of GST could last for a couple of quarters and the focus should not be on them; pessimism in the telecom sector is also overdone, he added.
It is better to go via mutual fund route if one is not equipped to spend enough time in the market and understand the various nuances of investing.
Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 15.5 point at the opening bell, says a report by Maximus Securities.
Here is a list of top 4 stocks which can give up to 10% return in short term.
Sanjiv Bhasin, Executive Vice President, Markets, IIFL expects year-end Nifty rally after October to see 10,500 by 31st December. So he would expect a Rahul Dravid type steady approach on the Nifty. Slow but sure.
An arbitrage opportunity is created when you can buy something for cheap in one market and sell the same in a market where the price is higher.
The Nifty50 remained in the range of 9,800-9,950 during the week and the trend remains positive above 9,800.
The valuations in the market are on the higher side and if one has to make money from here on then corporate earnings need to recover and grow faster, said Sampath Reddy of Bajaj Allianz Life Insurance Company.
Gautam Duggad, Head-Research, Institutional equites, Motilal Oswal Securities said so far the earnings have been in line with expectations but there are many more companies to yet report.
Vibhav Kapoor of IL&FS said the valuations have run up, while earnings growth has been tepid. He sees a correction in the next 2-3 months.