For the last two years, I have been disappointed that the Indian economy has not picked up. So, when the economy turns around, companies don't have to build capacity to grow their earnings. I don't think that one should broadly own the market, but one should be fairly selective about sectors and stocks. To the extent that these forces become more potent in politics in the West, they could potentially have a fairly big impact on Indian software companies. We like private banks and economicallysensitive, cyclical companies.

Source: Economic Times August 08, 2016 22:07 UTC