Markets to trade rangebound next week

Nifty BSE | NSE 25/05/12 Are Mutual Funds betting on Nifty?

According to experts, markets this week would be rangebound with a positive bias. They feel, corrections, if at all, won't be substantial.

Marketmen are expecting midcaps to participate and that they may even outperform in the next three months.

Upendra Kulkarni, Fortress Financial Services

I feel markets would be rangebound with a positive bias. Corrections, if at all, won't be substantial. My long term target for the market is 14000 (in next 6 months). Midcaps will also participate later, but it will not be a broad rally.

Any negative international news will impact the market. As far as oil is concerned, if it comes down it will have a positive impact on Indian economy. Similarly if commodity prices go up, some sectors will be positively impacted, some won't.

Kashyap Pujara, Sushil Finance 

It is very difficult to comment if the markets would sustain at the current level next week. A reaction is possible, but it is a fact that they are not coming. I think in the next three months midcaps would be outperformers

.Shankar Sharma, First Global

What is seemingly or relatively expensive now may not be, in reality, so. Because the markets mind is there is a strong corelation between the numbers in GDP and the earning numbers coming through, which is why we are seeing the kind of week-on-week, month-on-month and year-on-year performance that the market is delivering in terms of stock price gains. That is the real underlined thing which is probably worth watching out for. The numbers in reality will be a lot stronger than what we are factoring in.

Anup Maheshwari of DSP Merril Lynch

We are pretty optimistic in the 2-3 year perspective given the earnings growth that we are seeing at this point. The broader positive trend is likely to continue since the rally is being supported by decent fundamentals and as long as the fundamentals remain okay, the markets can generally maintain a positive direction, at least over the next couple of years.