Where to look for leadership in Indian market? Shibani Sircar Kurian explains

“The key is valuations, given that we have been such a huge outperformance. Relative valuations are extremely stretched and from that perspective, it is possible that at current valuation levels, we will see some degree of volatility. We have been of the opinion that this is going to be a year of stock picking and that is something that we will continue with. Bottom stock picking is likely to be the way forward and that is how we are looking at our portfolios as well.”