Dhananjay Sinha, director & head institutional research at Systematix Group, expects a cyclical rebound in the economy. He said the economic recovery has been faster than expected and next year should also be buoyant.
He said, "Nifty earnings should rebound by at least 30-32 percent year-on-year next year. So there is a good run up that is going to happen in corporate performance over the next two years or so."
Sinha said, "BFSI is going to deliver a very strong growth with respect to profitability and is likely to be the biggest performers going ahead."
Speaking about the banking sector, he said, "We think that the lending growth this year is going to be surprising on the positive side and that translates into significant rebound as far as the earnings and operating performance of the banks are concerned. Stocks like ICICI Bank, HDFC Bank, Axis Bank can be outperformers."
Watch video for more.Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.