Expect new government to take measures to stimulate the economy, says Punita Kumar Sinha

"Once it gets corrected then you are back to business as usual and you will have to focus back on what is happening company by company and what is going to happen globally as well. Globally also things are very important to watch."

She added: "Definitely there is some slowdown in the economy, one cannot deny that and that will be addressed by the new government as a key priority. I am sure any government who comes to power is going to focus on that.

"However, globally other than the US most countries are seeing some form of a slowdown and inflation has been generally low across the world. So, now people are talking about whether interest rates are too high and should be coming down and that is a debate that is happening in the US as well whether the trajectory we were on of raising rates in the US and should that reverse in fact.

"In India too there are going to be measures that can be put in place to hopefully stimulate the economy some more. However in absolute terms, India is growing still at one of the best growth rates compared to the rest of the world. With all the trade wars that are out there, a lot of economies are getting impacted negatively."