"Improvement in GDP number from 4.4% to 4.8% indicates that the economy has bottomed out, though one can debate on the strength of the reco...

'There are worries that the rating agencies will be keenly watching as we go along into the final quarter of this financial year.'

"A sort of sector rotation is happening in the market. There are three sectors which have done extremely well year to date - FMCG, pharma a...

'The markets actually have gone from bad to worse. Domestic economy still continues to falter. First quarter GDP growth also will be pretty...

"Recent RBI measures are pretty negative for growth."

'The actual reduction in QE could have a more deliberating impact on the rupee, rather than the reduction in current account deficit.'

"The insurance sector also can support to some extent, but beyond that, surely further selling pressure from the FIIs would create pressure...

"The only way in which you can support the rupee is either by RBI intervention and RBI is not keen in supporting the rupee unless it possib...

" The market should take a breather in the short term."

In an interview with ET Now, K Ramanathan, CIO, ING Investment Management, gives his views on the market.

Market is now adjusting to the fact that recovery is sometime away and although the valuations are expensive, says K Ramanathan.

A 25 basis points cut was a consensus expectation. So it is not going to trigger the market upwards, says K Ramanathan.

"The market is looking at is whether the reform process and the monetary policy easing," says K Ramanathan, ING Investment.

"Going into 2013, it will be a year of midcaps. The key reason being that close to 30%-40% of the index has heavy weight stocks."

All I would say it is very difficult to count the number of positives in the market, says Ramanathan K, CIO, ING Investment Management Indi...

"I would not like to comment on a specific stock, I am not allowed to do it but on the sector, we are neutral."

"You could see markets go down further by 5-10% from current levels."