A 10 percent nominal GDP is easily doable; however, earnings growth needs to be on similar lines to capture this economic growth factor.
There is money to be made by investing and trading in quality companies. Good companies are offering enough investment opportunities at low valuations, says Vinay Pandit of IndiaNivesh.
Analysts correction in the market was only short-term earnings disappointment. Vinay Pandit, Senior VP - Institutional Equities, Centrum Broking feels the earnings will shape up going forward and is not expecting any major downside in the market.
Vinay Pandit, Sr VP-Institutional Equities at Centrum Broking is of the view that Apar Industries may rise nad hit Rs 490.
Vinay Pandit, Sr VP-Institutional Equities at Centrum Broking is of the view that IFB Industries may hit Rs 780.
Vinay Pandit, Sr VP-Institutional Equities at Centrum Broking is of the view that MRPL may test Rs 104.
Vinay Pandit of Centrum Broking is not expecting any major downside in the market from the current levels of around 8300.