Vikas Khemani
Co-head, institutional equities,
Edelweiss Securities

What do you make of the markets falling continuously for six days?
This is a temporary correction, which is healthy for markets. We are seeing profit-booking happening. All the global markets have corrected.

How do you see economic recovery in India and globally?
As far as India is concerned, we are positive on the pace of recovery. However, global economic recovery is very slow and would take a longer time.

After the Q2 results, do you see any earnings upgrade for the Sensex?
Earnings upgrade has been already done, factoring in the Q2 results. I do not see any significant change in earnings estimate for the Sensex right now.

Which sectors do you feel are worth buying after the recent correction?
Auto, banking and select infrastructure stocks look good for buying.

Which sectors look weak?
Commodity side looks weak as it depends on the pace of global economic recovery.


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