This could be an excellent time to make money in frontline quality stocks, which are available at a PE multiple of 12 to 20, said SP Tulsian.
Even in a raging bull markets, corrections do take place because that is the nature of the market, says Hiren Ved, Director and CIO, Alchemy Capital Management.
Liquidity can take the market further up for a while longer but one should keep an eye on the fundamentals and not just go along with liquidity, says market expert Ambareesh Baliga.
Themes like house building, tiles, sanitary ware could become multibaggers, said Vinay Khattar, Associate Director and Research Head, Edelweiss Broking.
With the Q3 earnings starting with largecap IT names, Prashanth Prabhakaran of YES Securities said they still like the middle level IT names like Persistent Systems.
The experts also discussed the impact of higher crude prices on upstream, downstream and offshore companies.
UBS has released their 2018 market strategy report and to discuss this CNBC-TV18 spoke to Gautam Chhaochharia, Head-India Research, UBS Securities
10,570-10,580 on the Nifty looks like a pullback zone, where one can get into serious longs again, said Sushil Kedia, Founder, Kedianomics.
Nifty is likely heading toward 10,740-10750 in next few days. Buying on dips is advisable, said Mitessh Thakkar of mitesshthakkar.com
There could be some volatility in store for the January series on account of earnings that will be reported from second week and the upcoming Budget in first week of February, said Yogesh Mehta of MOSL.
From the Budget, the expectation is that government continues with its reform process and continue its implementation, said Ashishkumar Chauhan, MD & CEO, BSE.
Given the sentiment and the global bull market, a 10 percent upside with a lot of volatility is on the cards in 2018, said Sanjiv Bhasin of IIFL.
The multipcap fund is designed in such a way that they don't have to categorise it as smallcap, midcap or largecep fund, said Raunak Onkar, Head-Research, PPFAS MF.
Once Nifty goes past 10,500, we will see momentum resume, said Mitessh Thakkar of mitesshthakkar.com
Tomorrow if the market broke the all-time highs with a gap then it would be a blessing says Mitessh Thakkar of mitesshthakkar.com.
The market is now waiting for the earnings recovery to happen and if that is not earlier than Q2, Q3 of FY19 then markets may not have reason to go up drastically, said Prasanth Prabhakaran of YES Securities.
PSU banks are still an avoid, said Nishcal Maheshwari because recapitalisation may not help them come back strongly and will continue to lose market share.
Ambareesh Baliga said the macro numbers have been disappointing all through and going ahead, we have the likely Fed rate hike, Gujarat election outcome, so investors might not keep huge positions.
Nifty is breaking key supports and if it breaks below 10,250-10,230 then one could see levels of 10,150-10,100, said technical expert Mitessh Thakkar.
Aswani Gujral of ashwanigujral.com said it would not be such a good idea to enter the market at these levels, one should have entered during correction.
NMDC is a great buy even at current levels with a timeframe of over one year, says Sudip Bandopadhyay of Inditrade Capital.
Nifty is likely to outperform in this leg of the upmove than the Bank Nifty, says Ashwani Gujral.
It is clear that market is finding resistance in going down and if Reliance continues having couple of more good days then it becomes difficult for the Nifty to fall, said Ashwani Gujral.
Mitessh Thakkar of mistesshthakkar.com said selling on rally would help and momentum would come in once we break below 10,100, then we could see severe declines.
The market is not expecting a rate cut from RBI and he would be surprised if it came through, said Udayan Mukherjee, Consulting Editor, CNBC-TV18.