The Fed chair has come very clearly and mentioned that controlling the inflation is the top priority and interest rates will keep going up and significantly higher from current levels that kind of created a little bit of nervousness amongst our global investors and the correction in US market was caused by that.

After a very long time the capex cycle has picked up in India and if we historically see whenever the capex cycle picks up, it generally goes on for six to seven years and government focus is clearly on that side. Manufacturing is the base that they want to take it up, so we are very confident on capex as a theme going forward.

After the sudden drop, which happened in the second quarter, which impacted across the board all the global companies, our margins should be very positive. Last quarter itself we did exceedingly well. And this quarter also we are expecting to show in good results.

We are also very clear about how we are growing the segment which is data science, data led, customer cohort basis and given the scenario right now we will continue to follow our strategy to say up to the mid-teens as we are comfortable growing this business.

I rather than talk about which specific companies today, I would say that risk management should be very central to whatever investing you are doing. I mean, certainly that is the way we do our portfolio and fund management which is that risk management comes before return maximisation.

I have actually two very high conviction buys. One would be Tata Steel. Tata Steel futures trading currently at Rs 107 now. I believe it has a very strong support at Rs 104-105 zones so keeping stop loss of Rs 104 one should look for targets towards Rs 114 and above.

The good part for people who have limited time to spend on the investing game is that most of your returns 80% to 90% come from asset allocation, not from stock selection.

Grasim foraying into paints is a known news and it will take a while for them to really make any meaningful impact in terms of the market share, etc. And we think that after a very strong volume growth of most of the companies like Asian Paints and Berger, the volume growth has actually gone down

Our view is that now we have to look beyond this one group where the focus was there and to some extent the sentiment got damaged for the PSU banks or the banking sector and we have seen some revival in the last two days.