According to Sanjiv Bhasin of IIFL there is a lot of pessimism around the third quarter earnings but he expects banks to be in a sweet spot.
“In the current quarter, earnings will surprise people,†says Nischal Maheshwari of Edelweiss Securities on CNBC-TV18‘s special show Quarter Se Quarter Tak. Topline and bottomline both are expected to imprive by 6-7 percent after 6-7 flat quarters, he adds.