India's economic evolution since 1991 has shown us that churn in the Sensex is the only constant. So whilst it is possible that some of my exit candidates could reinvent themselves and have a stellar run over the next decade, it is more likely that most of these names will have a more difficult time going forward than they have had over the past ten years.
Saurabh Mukherjea is CEO - Institutional Equities at Ambit Capital and the author of Gurus of Chaos: Modern India's Money Masters.
This column appeared in the June 2015 Issue of Wealth Insight.
This article was originally published on June 26, 2015.