Global factors biggest risk to Indian markets: Samir Arora, Helios Capital

Right now, the rupee and oil prices are strengthening the investment case for India with signs that the rupee's weakness has run its course and oil prices having corrected sharply, Arora says

The year 2018 turned out to be a volatile phase for the Indian markets that grappled with trade war fears, wild swings in oil prices and the outcome of various state elections, among other things. Singapore-based Samir Arora, founder and fund manager, Helios Capital, shares his views with Puneet Wadhwa on how the markets are likely to play out in 2019 and his sector preferences in this backdrop. Edited excerpts:

What is your outlook for 2019?

We feel reasonably confident about 2019. Even 2018 has not been very bad for diversified Indian equity investors – particularly for those measuring their