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India well-positioned compared to global markets with election verdict, says Punita Kumar Sinha of Pacific Paradigm Advisors

By Ekta Batra   | Prashant Nair  May 23, 2019 2:45:44 PM IST (Published)

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India is well positioned as compared to other global markets like the US and China with the general elections risk out of its way, said Punita Kumar Sinha of Pacific Paradigm Advisors.
"Looking at markets, we are in a situation where global markets are all facing some kind of issues and the trade wars are causing a lot of concern between the US and China and a lot of Asia Pacific markets. So, relatively speaking, after this election victory, India is actually better positioned compared to most other economies... we have this big event risk out of the way, we have a strong government forming at the centre," said Sinha.
On specific sectors, she said, "A lot of the large cap names have already outperformed and so we have to look at midcaps where there is a lot of value... we have to look at companies where there is significant value and have been beaten down, that is where we are going to see the most upside coming."