VIKAS KHEMANI, president and chief executive officer at Edelweiss Securities tells Puneet Wadhwa that banking and financial services and insurance (BFSI), industrials, downstream oil & gas plays and information technology (IT) are still reasonably priced and could spearhead the next phase of market rally. Edited excerpts:
Do snap polls in the United Kingdom (UK) add an element of uncertainty for the global financial markets?
Yes. The UK election adds further uncertainty to the Brexit process. Outcome of these election across UK, France and Germany this year is likely to shape the future of European policy. I anticipate votes incrementally in favour of