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We believe there is upside in equities given reasonable valuations and expected improvement in fundamentals

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Last Updated : May 19 2014 | 11:56 PM IST

A perspective by Harsha Upadhyaya, Chief Investment Officer - Equity, Kotak Mutual Fund

The decisive verdict of Indian electorate is definitely positive for our economy as well as markets. Over the next few weeks, the focus will be on news flow from new government with respect to their policy initiatives. Despite equity market at new high, we believe there is upside in equities given reasonable valuations and expected improvement in fundamentals.

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First Published: May 19 2014 | 12:02 PM IST