)Soumyajit Niyogi believes the interest rate cut cycle (one of the biggest drivers of the bond market rally) may be nearing its end. Experts have already been making bullish suggestions about first quarter earnings, which are around the corner. NEW DELHI: As investors on Dalal Street chant 'stocks! Operating margin for Nifty50 grew by 8.5-9 per cent," said Vivek Mahajan, Head of Research, Aditya Birla Money "Investor sentiment is really positive and the hope is that June quarter earnings will be really strong. This should make a 7,000 + points fall unnecessary by helping earnings yield leap higher.The Sensex PAT beat market expectations with a 6 per cent rise in the final quarter of FY2016.

Source: Economic Times July 04, 2016 06:02 UTC