Major correction over; +ve trigger could turn sentiment:Pros

Market experts Rajat Bose of rajatkbose.com, Ashwani Gujral of ashwanigujral.com, SP Tulsian of sptulsian.com, Parag Thakkar of HDFC Securities and Neeraj Deewan of Quantum Securities in an interview to CNBC-TV18 spoke about the way forward for the market and also gave their stock-specific ideas.

Gujral says the market has lost momentum on the downside but if global markets go down then maybe our market, too, may correct. The major correction seems to be over, says Gujra, adding that whenever the risk-on is back the Nifty gets past 8000.

On the closing day of the week, the market was lackluster but Nifty refused to go below 7700, which is a good sign, says Gujral. He would not be surprised if any positive development would turn around in sentiment.

For the entire interview and their stock specific ideas, watch video