Harsha Upadhyaya – CIO, Equities at Kotak AMC sees global risk-off trade in near-term, and believes that India is better positioned now compared to 2013 to withstand global turmoil. He also sees earnings growth of 10-12% in FY16 but expects downgrade in earnings estimates in next 2-3 months. He prefers Private Sector Banks over PSU banks but says that he’ll continue to watch PSUs. Listen in.