On CNBC-TV18's special show 'View from Wall Street', Rohit Sah, founder & CEO of Makalu Fund Management, said that investors should expect to see a steepening yield curve around the world.

He added that India is going to be a huge beneficiary of this and valuations are still very low.

He advised Indian investors to avoid value trap and state owned companies in general.

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(Edited by : Bivekananda Biswas)