As the markets look forward to June 2021 quarter earnings to assess the damage done to India Inc’s fortunes due to the lockdown following the second Covid wave, TAHER BADSHAH, chief investment officer for equities at Invesco Mutual Fund, tells Puneet Wadhwa in an interview that India’s economic cycle to improve over the next three – four years, which should likely support the current valuations. Edited excerpts:
What is the road ahead for the markets? Are there more triggers for a downside rather than catalysts for an upside?
The risk-reward in the market appears evenly balanced. In the near-term, while the reopening