Axis Bank, HCL Technologies, Maruti Suzuki, NBCC and Union Bank are their top five stock picks.
The rise in India Inc's market value was led by asset-light firms.
Shares in Infosys Ltd rose as much 6.7 percent on Friday, after the company raised the lower-end of its fiscal 2014 dollar revenue growth guidance.
With the advent of new banks, IT firms will get boostto their businesses.
Monsoon is expected to be normal in June.
Sensex closed over 118 points down on Thursday.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
It is not that platforms and products are something that Infosys has not tried earlier.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
IT services firm Tech Mahindra on Thursday posted a 57.6 per cent growth in consolidated net profit at Rs 718.4 crore (Rs 7.18 billion) for the second quarter ended September 30, aided by growth across verticals especially retail, travel and logistics and uptick in demand from Europe.
Most Asian markets ended with gains.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
'There will only be an institutional solution between the board and the founders to take Infosys forward.'
The 30-share Sensex ended down 32 points at 28,851 and the 50-share Nifty closed 12 points lower at 8,712.
The S&P BSE Sensex ended 190 points up at 23,382.
Sales expansion also down 4.4%
The local markets are expected to react to global triggers until the government announces the Union Budget.
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
Congruence on terrorism, current disquiet on immigration, short-term visa would top the wish list.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
A full-blown recovery remained elusive for India Inc in the July-September quarter, even as it overcame the challenge of achieving profitable growth.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
Given their growth prospects and reasonable valuations, Mindtree, Hexaware and NIIT remain top picks of most analysts.
Nifty snaps 10-day winning streak
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
The calculation excludes cross-holding of listed group cos in each other.
Markets in green tracking firm global cues.
The New Year, like 2014, will see brisk hiring. But, specialisation and strong domain skills will decide who gets hired.
Net profit grew 25.4% in Q4 but revenue growth, lower at 8.5%, suggests lack of volume expansion.
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
The Sensex ended at at 27,676, lower by 210 points and the Nifty broke the psychological level of 8,400 to end at 83877 down 70 points.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
The Street is especially looking forward to the management commentary to get a sense of its new direction