I do not see any significant downside to markets, says Vikas Khemani

"The Indian economy is far more insulated and better placed than most global markets", says Khemani

Markets have started to cut their losses as foreign investor flows have started to trickle in. Vikas Khemani, founder, Carnelian Capital Advisors, in conversation with Puneet Wadhwa says India – and equity as an asset class – offers one of the best risk/reward profiles. He sees a massive wealth creation cycle ahead. His advice: do not focus on short-term noise. Edited excerpts:

How vulnerable are global equity markets to a meaningful correction? Is the worst of inflation, geopolitical risk, and commodity price rise behind us?

I think the peak of inflation and commodity price rise is behind us, except for