In a regulatory filing, India's second-largest software service exporter said it has "appointed Dr. Punita Kumar Sinha as an Independent Director. The appointment is effective from January 14, 2016."
At the Morningstar Investment Conference, market experts discuss the road ahead for India from market perspective.
According to Punita Kumar Sinha, managing partner, Pacific Paradigm Advisors, there might be some potential upside in State Bank of India.
Sinha feels positive newsflow could lift market 10-12 percent from current levels. At the same time, the market could react sharply to a fragmented verdict in the elections, she cautioned.
Punita K Sinha believes the main reason for the rupee to perform better than other emerging market currencies is due to tightening measures taken by the RBI to tame inflation. Because if inflation rises, rupee will weaken further.
Punita Kumar Sinha of Pacific Paradigm Advisors advises holding IT and pharmaceuticals stocks. “Pharmaceutical companies continue to do well both on the domestic and export front,†she adds.
Arnab Das, Arnab Capital said Fed Chairman Bernanke had earlier also indicated that the trimming of asset purchases would be data dependent and so the pace of asset purchases could either be lowered or increased depending on how the economy behaves.
Institutional investors were unlikely to pull out money at this stage because there was more clarity on the political front. Yet, too much enthusiasm could work against the bulls says Punita Kumar Sinha.
After a brief spell of calm, global cues and worries about policy reforms are back to haunt Indian equities.
Once again Indian market is holding up firm amidst nervousness that the rally is short lived. Analysts feel that now much depend on the first quarter earnings and reformative measures by Manmohan Singh as he took over the finance ministry.
Punita Kumar Sinha, managing, partner, Pacific Paradigm finds that valuations in India are slowly starting to become reasonable even though she sees the Indian market heading lower in the near-term.
Punita Kumar Sinha, Managing Partner, Pacific Paradigm Advisors also feels that the liquidity situation in the US is finally beginning to see through into the broader economy. In an interview to CNBC-TV18, Sinha said that the emerging markets are still considered a good asset class and people are willing to invest.
Punita Kumar Sinha, Managing Partner, Pacific Paradigm Advisors says after Assembly poll debacle, Congress has nothing further to lose and can actually introduce reforms.
Punita Kumar Sinha, managing partner of Pacific Paradigm Advisors expects equities to continue to inch higher. She says, if Budget, election outcome support, the market may see a new high in 2012.
Indian market got a boost after an aggressive selling in December. This was seen as a major entry opportunity by experts. Punita Kumar Sinha, Managing Partner, Pacific Paradigm Advisors feels that inflows into risky assets will be supportive for Indian equities.
Punita Kumar Sinha, the Senior Managing Director of Blackstone Asia Advisors tells CNBC-TV18 that markets are looking for short-term steps to ease Europe's pain for now.
Punita Kumar Sinha, Sr Managing Director, Blackstone Group is underweight on infrastructure sector.
India is turning out to be a favourite spot for investors as US fiscal position is still uncertain and other markets are still reeling under.
Dismissing much to read from India’s signs of resilience over the week, Punita Kumar Sinha, senior managing director of Blackstone Group believes the worst is not over yet. However, she says valuations look better going forward in FY12.
The market has been quite a laggard of late and the trend doesn’t seem to be changing any time soon. According to Punita Kumar Sinha of the Blackstone Group, the worst is not over yet. "Though valuations look better going forward in FY12, I don't expect much happening on the political front."
Wharton-India Economic Forum, every year policymakers, fund managers and industry experts come together in Philadelphia to discuss India. The theme for this year's conference is India gaining momentum. CNBC-TV18's Malvika Jain spoke to some of the biggest names in the world of finance, some very inspiring entrepreneurs and decision makers.
Punita Kumar Sinha, senior MD of the Blackstone Group, finds a 4.6% fiscal target very ambitious at present. She also says that the budget doesn’t change the perception which foreign institutional investors have of the Indian market.