See market going higher & stabilising by first week of Dec: IIFL

The market, after days of uncertainty and volatility, will finally stabilise in the first week of December, says Sanjiv Bhasin of IIFL. He sees the market going higher then, and suggests buying at current levels.Ashwani Gujral also says the market may calm down soon due to lack of any major market triggers in the near-future. But he says market will face a slow grind downwards and Nifty will trade in levels between 7600-8100 points in the coming weeks.The market remained flat today with Sensex declining 77 points ending at 26,150 and Nifty ending 5 points down at 8,074.The demonetisation pain could last for not more than 3-4 quarters, says Sudip Bandyopadhyay of Inditrade Capital. He asks investors to stay away from the consumer space for now.Watch video for more.