Markets remain hypersensitive to exogenous shocks: Ashwin Patni

Stock market outlook: Several risks remain underappreciated or insufficiently priced, including high valuations and earnings downgrade risk in Indian equities, cautions Ashwin Patni of Julius Baer

Fresh tensions between Israel and Iran have reinforced, once again, that geopolitical shocks have become more frequent and unpredictable for stock markets. In an email interview with Nikita Vashisht, ASHWIN PATNI, head of wealth management solutions at Julius Baer says that India remains one of the best-positioned emerging markets (EM) – both from a structural and macroeconomic perspective. Edited excerpts:

 

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