Pharma has caught up in recent times and valuation are in line with longer term averages, said Tushar Pradhan.

Investor interest in housing finance (HFC) space is also very strong, as evidenced by the recent Bajaj Housing Finance IPO, which received bids totaling Rs 3.24 lakh crore against an offer of Rs 6,560 crore.

The market could have one or two years of some sideway movements but the structural trends continue to remain extremely robust, said Naveen Kulkarni.

Srinivasan Ramamurthy of HDFC AMC finds pockets of attractive investment opportunities in the financial space.

Market participants anticipating a rate cut anywhere between 25 basis points to as high as 50 basis points, given that US inflation is below the subpar 3 percent level, said Aamar Deo Singh

The Indian economy is on a firm footing and performing relatively better than many other emerging economies, says Julius Baer's Unmesh Kulkarni.

IT recovery is expected to take some time even though the Fed has started cutting rates, Divam Sharma of Green Portfolio believes.

Vikas Gupta believes that as global fund managers evaluate the growth potential of various markets, India will emerge as one of the most appealing destinations.

With a 5-6 percent surplus monsoon and strong kharif sowing season, one can definitely expect that the rural economy will make a strong come back this year, said Kashyap Javeri.

Despite these headwinds, the long-term outlook for banks remains positive. As economic growth continues and private sector participation increases, there is room for credit growth to rebound, providing banks with new lending opportunities, says Vinit Sambre…