In a message to the shareholders, Kotak said India continues to have a fundamentally sound growth story.
Analysts believe auto stocks may be range-bound unless their earnings growth turn out to be better than expected.
"The PM wants every citizen to be pure not only in thoughts but in action too, and this is why he has given the mantra of reform, perform and transform," Naidu said, adding that demonetisation would help the country fight corruption, terrorism, smuggling, drug menace and other social ills.
"Never was there a more favourable time to invest in India than now with strong macro-economic indicators and the government's commitment to investment facilitation like never before," Tourism Secretary Vinod Zutshi said while addressing the event on Sunday.
Volatility and uncertainty have become a new norm in global markets, says Economic Affairs Secretary Shaktikanta Das, while pointing out that India is fairly resilient with reasonably strong macro-economic fundamentals.
He said that even when globally the economic situation is not that good, India's industrial and manufacturing output are showing improvement
Faster growth is backed by factors like sound macro-economic environment and favourable demographics, according to a joint report by EY and Cafemutual.
Watch a panel of industry experts discuss whether the current market euphoria is justified?
In an interview to CNBC-TV18, Sanjay Mathur, RBS spoke about rupee, inflation and jobs data. In terms of inflation numbers, he expects the CPI to drop down to 8 percent levels from the 9.31 percent registered in May.
Sanjeev Prasad, ED & Co Head, Kotak Institutional Equities told CNBC-TV18 that the steps in Budget were necessary, but not sufficient.
Hindalco Industries' December quarter net profit fell 4 percent to Rs 434 crore, year-on-year on higher finance cost. D Bhattacharya, MD Hindalco spoke to CNBC-TV18 regarding the result, market expectations, strategies and the challenges ahead.
India may not be heading towards a balance of payment crisis, but its macro-economic situation is worsening by the day calling for urgent steps to ensure no further damage is done to the economy, a survey of leading economists and select industry leaders has pointed out.
Sumant Sinha, chairman and chief executive officer of ReNew Wind Power joins CNBC-TV18 to give his outlook on the macro-economic situation and its effects on his company.
Aadil Ebrahim, Investment Manager, Bowen Capital Management joins CNBC-TV18 to give his outlook of the market. He also advises traders and investors on what their possible strategy could be in the volatile situation.
Speaking to CNBC-TV18, Atul Nishar, Chairman of Hexaware says that he remains positive of the IT industry environment and on pricing too in spite of industry concerns regarding US GDP and visa issues.