Currently the perception seems negative. These are early days, since the sanctions have been imposed. There will be sentimental fallout but apart from that I don't see a huge impact. The Indian markets is an investors delight. If one follows the bottoms-up approach, selecting the companies performing well within industries they could be winners.
Investors have to be tuned in to developments, corporate restructuring is one such area.
Analysis of competitive environment and attitude of management towards minority shareholders are some of the others. Volatility is part and parcel of the investment scenario. Opportunities are not found if one follows the crowd. In the next five years the software companies will grow at least 40 - 50 per cent. There maybe volatile phases but those are temporary.