Risk not over; stay in largecap, stay defensive: Sanjay Mookim, JPMorgan
One is never fully or 100% decoupled anyway. The question to debate is how much further will RBI’s hands be forced in keeping liquidity tighter and raising rates in India? That will then transmit into local equity and bond markets as well. I would argue a little bit that we are not fully decoupled and that there will be transmissions to the Indian economy also.