Markets should remain flat

Anand Tandon of Gryffon Investment Advisors is of the view that broadly markets are showing reasonable strength but since, July hasn't started yet he cannot give any forecast on how markets will pan out.

So as long as, there isn't any change in fundamentals, markets will remain stable.

He said the key issue will be the results. And by and large, markets should stay resilient.

Also, globally all asset markets are up, so one won't see any rerating.

There is also higher amount of money available in the system. So far we haven't heard any company having concerns on volumes.

But for the near term, markets seem to be fully priced and liquidty conditions remain robust. So markets shud remain flat and stable.