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…

RBI will aim to strike a balance between the risk of currency depreciation and the need to stimulate the growth, which seems to be slowing down, said Vaibhav Porwal.

Anirudh Garg of Invasset PMS anticipates the IT sector to benefit from structural trends like AI, automation, and digital transformation, further enhancing its potential for recovery.

Due to major earnings cut for commodities, MOFSL has reduced Nifty EPS estimates by 4 percent and 3.6 percent to Rs 1,072 and Rs 1,269 for FY25 and FY26, respectively, said Gautam Duggad.

Instead of recommending PSUs as a whole, Nitin Bhasin prefers PSU Banks which stands out on asset quality and credit cost in the current cycle.

Despite ongoing global uncertainties, including the threat of a global recession, geopolitical tensions, and the upcoming US elections, the market appears to have stabilized, says Sonam Srivastava.

After registering strong double-digit earnings growth over past few years, of late, there have been some concerns over sustainability of this earnings growth over next few quarters, said Jyoti Vaswani of Canara HSBC Life Insurance.

However, Kotak Alternate Asset Managers still remains constructive on the commercial vehicle financing space and also positive on rural demand recovery plays such as tractors, said Jitendra Gohil

One of India’s often touted fundamental strengths is the demographic dividend i.e, millions of young people joining the workforce and contributing to economic growth. If the government is unable to provide employment, this is unlikely to materialise as expected…

Atul Mehra of Motilal Oswal AMC believes some of private banks stocks are quite attractively valued today; and offering compelling outperformance.

Vikas Gupta believes that from mid-November to mid-January, the markets will settle in a direction, which currently looks positive.

Anil Rego of Right Horizons is not concerned about the upcoming US elections as drivers of long term domestic economic growth are intact.