Start cherry-picking themes that are likely to play out: Andrew Holland

"The first half of 2023 may see earnings come under pressure due to the global slowdown, and the Indian economy taking time to pick up"

The recent global banking sector crisis caught the markets unawares. Andrew Holland, chief executive officer, Avendus Capital Public Markets Alternate Strategies, in conversation with Puneet Wadhwa, says the developments could have been catastrophic if global central banks had not moved swiftly to bring some kind of stability and avert a contagion. Edited excerpts:

Has the recent banking crisis been averted?

The recent banking sector crisis could have been catastrophic if global central banks had not moved swiftly to bring some kind of stability and avert a contagion. In Europe, too, the crisis was averted as Swiss regulators pledged a $54-billion