This is the year to pick & choose sectors and firms carefully: Devina Mehra

'India will be an outperformer this year and that has panned out in spite of the currency epreciation'

Do you think the up-move in global equity markets, including India, since June was a bear market rally?

I have been saying from the beginning of the year that India will be an outperformer this year and that has panned out in spite of the currency depreciation. I expect this to continue. India will remain one of the stronger markets.

For context in mid-June, I had said that it was time to be invested in the markets, otherwise the risk of missing out on a big up-move was very real. The Indian market went up 18 per cent from there in little