“We could see a renaissance of IT services employment ,let alone demand that again has second and third derivative benefits in consumption ...

“In consumer, financials, tech and healthcare, there has been a fair bit of activity. Those areas look very promising for years to come.”

‘There are going to be fewer winners in the mid and smallcap space.’

Financial services offers a great opportunity for the next five years, says Puri.

“Good consumer firms cannot see operating leverage as raw material costs are going up.”

India is steadily moving towards becoming a cashless society, and in this scenario, digital infrastructure is a game changer.

“The near term might look a little cloudy but the fact that you have got an unorganised segment of the economy coming into the formal segme...

If India can grow at this 7-8% range and the backdrop remains positive, there is potential for a lot of foreign capital to come in.

Globally the markets are pricing in a little bit more than Brexit, they are worried about fate of EU

Interested in financial services space, pharma, IT services companies and business consumables

The headwinds for pharma are short term in nature.

My view has always been don’t try and find poor quality companies to buy cheap, but wait for high quality companies to correct.

I think that the whole food chain is compromised and one needs to be very cautious as to what is going to happen over here, says Puri.

When you see some of the movements that you have seen in the last couple of days, it is pretty clear that the problems are quite severe.

The next six months aside, the outlook over the next few years is optimistic because the changes that are being made are structural.

I do not think the markets are pricing in good news. At 15-16 times earnings, valuations today are pretty reasonable in terms of where they...

Even if you look at valuations today at 15-16 time earnings, you see that those are pretty reasonable in terms of where valuations have bee...