Turnaround in political sentiment and FPI flows coupled with the expected large inflows from rights issues and the Arcelor deal have driven the rupee appreciation, and the rupee could stay strong if the flows continue.
Anand Shah of BNP Paribas Asset Management India said it's time to tighten the seat belt to withstand the volatility in the first half of the year to enjoy the earnings recovery ride in the second half of 2019 and beyond
Deutsche Bank said earnings revisions risks remain to the downside, but the growth incremental is in the right direction with normalising liquidity situation
Siddhartha Sanyal, Chief India Economist, Barclays, said after today's results, the market would focus on the upcoming Lok Sabha polls.
Valuations are more reasonable and we see continued strong earnings growth in 2019, said HSBC
Mohit Ralhan of TIW Private Equity said the uncertainty in global markets have increased
Alka Banerjee of S&P Dow Jones Indices said in India, a large bulk of the domestic money invested in stock markets tends to be of a short term speculative nature and is more susceptible to market returns
According to the latest report by IMF, India is poised to grow at 7.4 percent in 2018 and 7.8 percent in 2019, making it the fastest growing economy among peers overtaking China.
In Q2 2019, supply is expected to increase from US companies, which may bring some relief to rising oil prices
Market looks weak but Sanjay Mookim of Bank of America Merrill Lynch sees relative trades in retail, select banking and rural focussed stocks.
Macquarie feels the valuation risk is limited to benchmark indices while midcap is still vulnerable.
Ridham Desai of Morgan Stanley in his September report raised 30-share BSE Sensex target to 42,000 for September 2019, implying a potential upside of 11 percent.
In its latest report, Ridham Desai of Morgan Stanley said a delay in earnings growth recovery was one of the key reasons why investors were not feeling bullish on Indian equities
Gautam Chhaochharia of UBS Securities is neutral on state-owned banks and non-financial banks.
Ashwini Agarwal of Ashmore Investment Management feels the dollar strength is a big problem for EM currencies.
Tushar Pradhan of HSBC Global Asset Management feels macros do have some element of risk for the market in the short term but earnings will continue to grow
Nifty Pharma index has corrected nearly 17 percent since the beginning of 2016 and 3 percent from 2017.
Sundaresan Naganath of Franklin Templeton AIF said an absolute correction of 5-10 percent could be possible during the next 12-24 months, but the Indian equity market is relatively better than other equity classes globally
Mohit Ralhan of TIW Private Equity said increase in interest rates and specific event risks around de-globalisation are key risks
Tushar Pradhan of HSBC Global AM said the economy is likely to pick up, so probably it is a good way to stay invested in the market.
Sukumar Rajah of Franklin Templeton Investment prefers companies in cyclical sectors, commodities and firms benefiting from the ease of doing business
According to Pratik Gupta, the market could fall 3-5 percent only if sharp appreciation in the US dollar and spike in crude oil prices. Overall any fall if it happens would only because of global cues.
Desai, who was speaking on the sidelines of the Morgan Stanley Investor Summit on Tuesday, shared his views on the corporate earnings, emerging market growth and his outlook on stocks.
Speaking on the issue of abrupt resignations by auditors, Arora pointed to the lack of transparency in informing shareholders about their reasoning.
Going forward, Mukherjea expects some challenge on the margin front for mid and smallcap companies.