Going forward, on the global front, progress on the French election and Brexit will be the key events on market radar. Also, with our markets trading near their lifetime highs, continued support of good earnings becomes imperative, at least in the short-term, for the momentum to sustain. Many companies are yet to report their quarterly earnings, and thus, stock specific volatility will be high in the month of May, as stocks adjust to their earnings reality. Nonetheless, we believe, quarterly earnings aberrations could provide great opportunities to buy into quality companies with a medium-to-long-term horizon. We remain positive on Banks, Auto and NBFC space, while maintaining short term caution on IT and Pharma sectors.