Private Banks, IT poised for revival; cement sector to emerge as a dark horse: Rupen Rajguru

So, in the near to medium term, we expect market to consolidate and probably we are at 24,000-24,100 level, which is kind of the fair value, closer to the fair valuation zone and market will probably take a breather for a quarter or two till the earnings catch up happens, before it sets its new leg upturn.