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Nilesh Shah of Kotak Mahindra AMC believes that the long term bullish story of the market remains intact and investors, if underweight on equities, could increase investments.

In the near-term, we have a cautious view on the broad PSU banks.

Would avoid chasing momentum but build a portfolio that has reasonable valuations, said Harsha Upadhyaya, CIO Equity, Kotak Mutual Fund.

investors and traders need to brace themselves for slightly more negative trends, Dipan Mehta, Member of NSE BSE.

Fresh momentum is possible only above 9,710 and on the downside a move below 9,560 would lead to a breakdown from recent consolidation.

The current breadth is narrowest in the market, says Sanjiv Bhasin of IIFL, so market is definitely going to see weaker days in the month of July.

GST is likely to be disruptive from a supply point of view and not demand but that too will likely ease in a quarter or two, says Gautam Duggad of Motilal Oswal Securities.

In a bull market either you can count the risks or you count the cash, says Basant Maheshwari of Basant Maheshwari Wealth Advisors.

Watch the interview of Devang Mehta of BNP Paribas Wealth Management with Surabhi Upadhyay and Ekta Batra on CNBC-TV18, in which he shared his readings and outlook on the market.

The expert believes that there is no valuation comfort in most businesses and going forward, the market breadth will collapse and individual stocks will be in focus.

On lower side, Nifty has strong support near 9550-9530 any dip will be good buying opportunity.

Dharmesh Shah expects the index to continue the consolidation between the broad range of 9500 and 9750 amid stock specific action.

The US market is beginning to look stretched and since a large part of our market seems to mirror what the rest of the world is doing, there could be a case made for being cautious.

Pramod Gubbi said farm loan waivers could spoil the credit culture of the country.

The market is an uptrend but a weak one. it is not a market that is ready to shoot up, says Ashwani Gujral.

Aptech rose 200 percent, followed by Mastek which rallied 93 percent, Datamatics up 89 percent, and TVS Electronics rose 87 percent in last one year.

The total category wise asset under management (AUM) of the mutual fund (MF) industry slipped by 1.2 percent or Rs 22,327 crore to Rs 19.03 lakh crore for the month of May 2017, but equity funds saw an increase of 2.7 percent in the same period.

In the two years, investor accounts went up following robust contribution from smaller towns.

This move will help in making it easier for the existing and new fund houses to complete their registration with SEBI much faster and in a cost-effective way.

These complaints pertain to data corrections in investor details and non-updation of changes about address, PAN (Permanent Account Number) details and nomination, among others.

Top mutual funds like Reliance Mutual Fund, HDFC Mutual Fund, Birla Sun Life Mutual Fund have exposure to IDBI Bank’s perpetual bond (AT-1)

The other encouraging trend emerging is the growing contribution of smaller cities (termed as B-15 cities by AMFI) in this growth phase. The share of B-15 cities has increased from 13.5% to 17% over the last 3 years.

Mid and small-cap mutual fund schemes have delivered negative 6 percent returns during in one-week period ended May 25 under performing the large cap fund category

Birla Sun Life Mutual Fund has proposed to change the name of 3 monthly income plans with effect from May 27

BNP Paribas Equity Fund Announces Dividend , the record date for declaration of dividend is May 25, 2017

Franklin India Balanced Fund Announces Dividend, the record date for declaration of dividend is May 26, 2017

ICICI Prudential Exports Others Services Fund announces dividend, the record date for declaration of dividend is May 26, 2017

Kotak Emerging Equity Scheme announces Dividend, the record date for declaration of dividend is May 26, 2017

IDBI Bank has initiated the process of scouting for a buyer to sell its mutual fund business, indicating further consolidation in the Rs 19-lakh crore mutual fund industry

Fund managers chose to exit blue chip names such as Coal India, Cipla, HCL Tech, among others, IDBI Capital said in a report.

Shares of the company closed at Rs 263.30, up Rs 6.30, or 2.45 percent on the BSE.

Nirmal Bang has come out with its report on AU Small Finance Bank. The research firm has recommended to “Subscribe ” the IPO in its research report as on June 23, 2017.

Reliance Securities has come out with its report on AU Small Finance Bank. The research firm has recommended to “Subscribe ” the IPO in its research report as on June 23, 2017.

Tejas Networks has opened at Rs 257.70 on the National Stock Exchange, up only 0.27 percent from its issue price of Rs 257.

This will be the fifth and last public issue for the month of June, followed by CDSL, Tejas Networks, GTPL Hathway and Eris Lifesciences.

The IPO received bids for 3,08,57,728 shares against the total issue size of 2,02,15,966 shares, data available with the NSE showed.

The IPO received bids for 2,87,33,232 shares against the total issue size of 2,02,15,966 shares, data available with NSE till 1545 hours showed.

The company raised nearly Rs 777 crore through the issue; of which it raised Rs 350 crore from anchor investors on June 13.

The equity shares are proposed to be listed on the Emerge platform of NSE, Ritesh Dhiman, Assistant Vice President of the company said.

GEPL Capital has come out with its report on AU Small Finance Bank. The research firm has recommended to "Subscribe " the IPO in its research report as on June 22, 2017.

Antique Stock Broking has come out with its report on AU Small Finance Bank. The research firm has recommended to "Subscribe " the IPO in its research report as on June 20, 2017.

The initial public offering of CDSL has received tremendous response from all type of investors.

Given GTPL#39;s weak fundamental performance, competitive intensity and high valuation, the research house recommended investors to avoid the IPO, Centrum said.

In an interview to CNBC-TV18, Aniruddhasinh Jadeja of GTPL Hathway said that debt worth Rs 230 crore will be repaid through IPO proceeds.

The IPO, looking to raise Rs 1,741 crore, received bids for 5,25,02,424 shares against the total issue size of 1,59,48,750 shares, data available with the NSE till 1930 hours showed.