Ajay Srivastava of Dimensions expects major consolidation in the non-banking financial companies (NBFC) space in the medium-term. Smaller NBFCs in the industry can gain on these potential M&A opportunities, he added.
Jyotivardhan Jaipuria of Veda Investment Managers says that the market is consolidating at current levels, which is good as it had a major rally from the lows in February earlier this year.
In an interview to CNBC-TV18‘s Latha Venkatesh and Sonia Shenoy, SP Tulsian of sptulsian.com spoke on the market fundamentals and gave his views on specific stocks and sectors.
Adrian Mowat of JP Morgan tells CNBC-TV18 that equities are likely to move higher through the first quarter of the New Year. He says that there are marked improvements in fundamentals seen in the last quarter of the financial year.