ITC, TCS, ONGC to outperform: Ridham Desai

Here are some of expert views on how the equity market is expected to behave in the near term:

Ridham Desai, Morgan Stanley said that, "While historical performance is not a guide to future performance, the achievers of the past decade could continue to deliver results in coming days. We have shortlisted 20 stocks for outperformance and they include ITC, TCS, ONGC. From the midcaps we like Page Industries, Bosch, Shriram Transport Finance & Karur Vysya Bank." Michael Hartnett, BofA ML said that, "EM equities remain one of the most unloved areas of the global market. Just 3% of investors reported an Overweight to EM equities, down from 43% Overweight in February. However, such bearish sentiment toward EMs has historically coincided with outperformance of EM equities vs DMs."