Gautam Duggad Of Motilal Oswal

We believe the valuations at 20.5x one-year forward price-to-earnings for the Nifty50 Index are not exorbitantly expensive, but they aren't cheap either

Expect markets to remain range bound given the challenging macros: Duggad

The banking space offers tremendous long term opportunities, especially large-cap banks like HDFC Bank, ICICI Bank, Axis Bank and State Bank of India, says Duggad

IT looks very interesting to us as it is one of the more sensibly-priced sectors, says Duggad

Duggad also says rural-focused stocks can be a good play in an election year