Era of easy money over; time for a more selective, stock-specific approach: Pankaj Tibrewal

​Our expectation is this year Nifty earnings growth will be in the tune of 5% to 6%, probably third quarter has started not on a very bad note, it has been mixed pack but more positive surprises than negative surprises as we speak, but it is still very early season in terms of earnings. We have to see how it pans out.