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Elusive earnings recovery the biggest domestic risk for markets: Jaipuria

Jyotivardhan Jaipuria, MD, Veda Investment Managers, feels global risks bigger than domestic

Puneet Wadhwa 

With the markets scaling new highs, Jyotivardhan Jaipuria, founder and managing director of Veda Investment Managers, tells Puneet Wadhwa that he expects domestic/economy-related plays to do better than export-oriented sectors. Edited excerpts: Where do you see the frontline benchmark indices a year ahead?  Over a year, the market is likely to give a positive return that could be high single-digit or low double-digit. However, (in) the near term, the market can be volatile and we could see a correction and time consolidation. The markets look expensive compared to long ...

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