The biggest risk for the markets in the near term on the domestic front could come from the expected recovery in GDP growth or corporate earnings growth, said Mahesh Patil, the Chief Investment Officer of Aditya Birla Sun Life AMC in an interview to Moneycontrol.

On the global front, any delay in India’s potential trade deal with the US or a stronger US dollar could weigh on global risk appetite, impacting flows into emerging markets, including India, he added.

According to him, valuations for large-cap IT companies are now reasonable, and dividend yields of 3–5 percent make them attractive defensive plays.

What, in your view, could be the biggest risk for the market in the remaining part of the current financial year? Is inflation one of them?

The biggest risk for the markets in the n

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