According to Sandeep Shenoy of Pioneer Investcorp since it is impossible for investors not to partake in the rally that is taking place, one can look at spaces that are still seeing an upsurge like autos and some pharma names.
According to UR Bhat, MD, Dalton Capital Advisors the Fed taper too is likely to continue, so the only news that could turn the sentiment for India would be some positive newsflow on political front.
Those who have been on the long side, should keep stop loss at 5850, advises Hemant Thukral, Aditya Birla Money.
CNBC-TV18's managing editor, Udayan Mukherjee says, our market will have to absorb a log of important earnings, so stock specific action is expected. It would not be surprising if the market is range bound.