Our Sensex target for March 2018 is 32,200: Citi India's Abhinav Khanna

India remains an attractive long-term investment destination, Khanna said in an interview

Tata Consultancy Services and Infosys began the earnings season for the information technology sector last week. Abhinav Khanna, head of equities at Citi India, tells Puneet Wadhwa that he expects earnings for their coverage universe to fall 12 per cent year-on-year in the June quarter of 2017-18, and also shares views on his sectoral preferences. Edited excerpts:

Your market outlook for the rest of 2017? 

Our Sensex target for March 2018 is 32,200, implying that we are expecting a limited upside from here. There are two key risks, a longer-than-expected disruption from goods and services tax (GST) implementation and a