Psu Banking Space

Consumer and IT sectors are expected to clock decent growth, while metals and cement are expected to be top laggards, he said. As far as new-age companies are concerned, valuations are still quite expensive. They are still not showing consistent profitability and the market caps are quite high, Duggad said.

Escorts needs to reinvent itself in newer areas: Prakash Diwan

According to Prakash Diwan of Altamount Capital Management, Escorts needs to reinvent itself in newer areas like defence or railways. He said the stock justified its rich valuations and said that is a clear vindication of the faith that people had on the stock.

Good time to book profits; earnings-led volatility likely: Pros

It is a good time to book profits because earnings are likely to be volatile. Moreover, even if earnings are good, they are already priced-in, says Ashwani Gujral of aswhanigujral.com.

First half earnings to spring +ve surprises; like Infy: Bodke

Ajay Bodke of Prabhudas Lilladher is positive on the private sector retail focused banks like IndusInd Bank, HDFC Bank. He is also upbeat on Infosys.

Banks' NPA woes to continue; prefer HDFC, Kotak Bk: Hazari

Hemindra Hazari recommends avoiding the entire financial intermediary space because there is still lot of pain to come but if institutional investors have to be in the space then one should look at HDFC Bank and Kotak Mahindra Bank.

GST sentiment positive for mkt; like Maruti: Andrew Holland

Discussing the hot topic of GST, Andrew Holland, CEO of Ambit Investment Advisors said pass through of goods and services tax (GST) is unlikely to be a game changer for the economy but would definitely be a sentiment positive for market.

Asset quality still a concern; like ICICI, Axis, SBI: Kotak

From the PSU banking space MB Mahesh, Kotak Institutional Equities is selective and prefers State Bank of India over most others even at current levels.

See no major downside for mkt; like PSU banks: Centrum

Kunj Bansal of Centrum Wealth Management is upbeat on the PSU banking space and would be a buyer in them. He thinks there is more value in PSU banks than private sector banks.

Microsec Capital neutral on banking sector

Siddharth Sedani of Microsec Capital is neutral on banking sector.

FMCG, Pharma only places to hide; avoid PSU banks: Baliga

Ambareesh Baliga expects Nifty to be rangebound and advises investors should stay away from PSU banking space because there is some more pain left for them.

Tulsian cautions traders on going long in PSU banks

According to SP Tulsian of sptulsian.com, one has to be careful in creating long position in PSU banking space at current levels.

OBC, IndusInd Bank can fall 4-5% next week: Tulsian

SP Tulsian of sptulsian.com feels Oriental Bank of Commerce (OBC) and IndusInd Bank can correct by about 4-5 percent in the next week.