Mkts to tread higher from here on, like Cipla: Experts

The markets will be higher by the time August expiry comes, says Jai Bala of 1857 Advisors. Only if 7940 is breached, there may be a negation to the bullish trend, he says.

According to him, it may be a good idea to hold on to winners such as Cipla, Ceat and Bosch rather than search for new ones. He is also positive on the telecom (Bharti Airtel, Idea Cellular) and auto space.

Nilesh Shetty of Quantum AMC on the other hand is cautious on the markets. He says the Nifty has been stuck in the 8000-8900 range for  some time now. "Unless it slips dramatically, great value will not emerge," he told CNBC-TV18.

Independent market expert Hemindra Hazari and Rahul Mohindar of viratechindia.com too gave their views on the market. They also gave a lot of stock-specific ideas.