Sridhar Sivaram, investment director, Enam Holdings shared his views and outlook on markets as well as on PM Modi’s announcement of economic package of Rs 20 lakh crore to revive the economy. According to him, demand still is an issue and what is being announced right now is more for solvency-related issue.

Demand will be a slow and gradual process and it is demand which is finally going to translate into earnings of companies, he said.

“I am not jumping into the market because some package has been announced yesterday and I would rather wait on the sidelines and watch carefully and look at stocks which would have long-term benefits,” Sivaram added.