‘Election-related volatility won’t affect plans of strategic investors’

Mumbai: It has been a volatile third quarter for equity markets in India marked by uncertainty in investment decisions in both public and private marketplaces, which has impacted valuations across sectors. In an interview with Mint, Ganeshan Murugaiyan, managing director and head of investment banking and strategic coverage at BNP Paribas India, lays down his expectations for this year and the underlying themes which will drive investment activity. Edited excerpts: