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Focus to shift towards composition of the new government and likely policy initiatives

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Capital Market

A perspective on markets by Harsha Upadhyaya, Chief Investment Officer - Equity, Kotak Mutual Fund

Once the election results are announced, investor focus is likely to shift towards composition of the new government and likely policy initiatives in the run-up to the budget. Given reasonable valuations, expected improvement in economic fundamentals and corporate earnings trajectory, we expect equities to provide decent returns even from current levels.

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First Published: May 13 2014 | 1:39 PM IST

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