Expect Sensex EPS to be around Rs 1300 for FY14: Manish Sonthalia, Motilal Oswal

In a chat with ET Now, Manish Sonthalia, VP & Fund Manager, Motilal Oswal Asset Management, talks about the Sensex EPS and some stocks. Excerpts:

ET Now: What is your estimate on the Sensex EPS for next year? How much possibility would you assign that it may land up on the lower end?

Manish Sonthalia: Broadly the market is estimating closer to 1300 on the Sensex EPS for FY14. Our sell side guys are suggesting 1368-1370, broadly the consensus would be around 1300.

ET Now: What are the stocks you are looking at closely ahead of the earning season?

Manish Sonthalia: Tomorrow numbers would be keenly watched out for Infosys. Then you have the likes of ITC, which would be watched out for very closely and in terms of the financial numbers because there is lot of apprehension about the level of NPAs that we are going to see. So how the PSU banks are going to fare and how the private sector banks, particularly those catering to corporate side, would be watched out for very-very closely.