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Best strategy is to stay invested in domestic growth stories: Vikas Khemani

President and CEO of Edelweiss Securities also said BFSI, IT, industrials etc are reasonably priced

Vikas Khemani, President and CEO, Edelweiss Securities (pic: Kamlesh Pednekar)
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Vikas Khemani, President and CEO, Edelweiss Securities (pic: Kamlesh Pednekar)

Puneet Wadhwa New Delhi
VIKAS KHEMANI, president and chief executive officer at Edelweiss Securities tells Puneet Wadhwa that banking and financial services and insurance (BFSI), industrials, downstream oil & gas plays and information technology (IT) are still reasonably priced and could spearhead the next phase of market rally. Edited excerpts:

Do snap polls in the United Kingdom (UK) add an element of uncertainty for the global financial markets?

Yes. The UK election adds further uncertainty to the Brexit process. Outcome of these election across UK, France and Germany this year is likely to shape the future of European policy. I anticipate votes incrementally in favour of