We are getting into structural bullish phase for 4-5 years: Vikas Khemani

In an interview with Business Standard, VIKAS KHEMANI, founder, Carnelian Capital Advisors says earnings should grow by 13-15 per cent in FY21 and the broader markets should deliver 18-20% in 2020

The US-Iran standoff saw the markets correct, but any correction is an opportunity and not a threat, says VIKAS KHEMANI, founder, Carnelian Capital Advisors. In an interview with Vishal Chhabria, he says that earnings should grow by 13-15 per cent in FY21 and the broader markets should deliver 18-20 per cent in 2020. Edited excerpts:

How do you see the US-Iran standoff play out? And, its implications for the Indian markets and earnings?

The immediate impact is a hike in oil prices, which is why the market corrected a bit. For now, it looks temporary and has more to do