Peter Hooper of Deutsche Bank says the US Fed has a wait and watch approach and will be recognising the downside risks amid the recent softening of data.
While Sudarshan Sukhani, founder, s2analytics.com is positive of Bank Nifty, he says investors should remain very cautious as the earnings season is around the corner and banks can throw in any kind of surprise.
Mehta advised investors not to get carried away by the fact that Indian shares have not corrected as much as some of the Asian markets have.
It could be another day of cautious trade for the Nifty something that we saw in yesterday‘s trading session. Ekta Batra of CNBC-TV18 gives you details of what to expect from market on September 5.
Andrew Holland of Ambit Investment Advisors says Modi should be able to attract more FDI than FIIs into India.
Real estate sector may be seeing some trouble as foreign investors are being cautious of the sector. The area is seeing an exodus from private equity players and is forcing entities to raise money via different routes.
Clients should take a cautious stance and stay invested in good quality sectors and names and selectively book profits, says Gautam Sinha Roy, VP - equity strategy & product, Motilal Oswal Securities Ltd.If one wants to trade this rally very aggressively, then one can look at high-beta names.
Sandeep Bhatia, executive director and head of sales at Kotak Institutional Equities said they remained cautious on the infrastructure sector.
With gold prices being hammered in recent weeks, and trading near four-month lows on Wednesday, longtime gold bull Jim Rogers is sounding a word of caution, saying it's possible the correction in bullion may continue into the new year.