Alroy Lobo, Chief Strategist and Global Head-Equity of Kotak AMCIn an interview to CNBC-TV18, He said, "Valuations look capped. The markets are trading around 12 times next year earnings. We need clear signs of earnings upgrade for more upside from here. I am not comfortable with this high volatility. Instead, I would prefer a slow and steady recovery. There are more chances that the Sensex will go to 8,000 before 14,000 levels," with that "One can expect a knee-jerk reaction if elections results are unfavourable."
KR Bharat, MD, Advent AdvisorsSaid, "Volatility will be high hereon. The markets are ignoring many fundamental and economic factors. We see severe danger that growth in core industries will decelerate." And "Many investors who feel they missed the bus may look at investing."
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