Upbeat on corporate pvt banks; fresh lows for market likely: Experts

The market on Friday failed to sustain the upmove and was back in the red territory at the close. Both the major indices Sensex and Nifty closed flat with a negative bias.

Banks continued to underperform. ICICI Bank, Axis Bank, Tata Steel & HDFC Bank were the top index losers, while HDFC, TCS, Infosys & L&T kept Nifty losses in check.

To discuss the events that impacted the market in the week gone by and the outlook going forward. CNBC-TV18 spoke to Gautam Chhaochharia, Head of India Research, UBS Securities and Ashwani Gujral ashwanigujral.com.