Varun Goel from Mirae Asset Investment mentioned that markets were slightly expensive, prompting a focus on sectors with consistent earning...

Meenakshi Dawar, Associate Vice President– Fund Management, IDFC AMC and Varun Goel, Vice President-Fund Manager, Portfolio Management Serc...

They have really come up with good set of earnings and this whole commodity price decline is leading to expansion in margins.

"Our own sense is that IT, pharma, private sector banks, cement and automobiles are the sectors which should do quite well."

Despite so many negatives plaguing the economy, corrective measures by the new government can quickly revive growth, says Varun Goel.

The fact that the US Federal Reserve has started the tapering process, it shows the kind of confidence that they have in the US economy.

"There are quite a few midcap ideas in which there is a scope of 10% to 20% multiple expansion in the short to medium term."

PSB space can double in the next 2-3 years, says Varun Goel, Karvy Private Wealth.

"Market is unlikely to sustainably fall below 6000 in the next few quarters."

"As we approach into the election season, as market gets more and more convinced that we are going to see a decisive mandate."

"One has to go stock specific and sector specific at this point of time rather than looking at buying the overall market."

Till the time the rupee stabilises, we cannot really believe that the direction of the market has turned.

We will continue to see some more correction in the broader market, especially in interest rate sensitive sectors, says Varun Goel.

"This is one sector that we are still looking at 20% year on year earnings growth, especially those companies which are geared towards expo...

"There is no sign of any revival in the capex cycle. Most of these capital goods companies continue to struggle with fresh order inflows," ...

" We would continue to completely avoid that segment. We do not see any kind of revival as far as earnings are concerned in that space."

" Housing finance companies definitely look quite attractive. The housing, the mortgage rates have already beginning to come. "