Expert view, July 14 -- Ashutosh Tiwari, MD and CIO- Public Equities, Equirus Asset Management, believes the risk-reward appears favourable from a medium-term perspective. He emphasises that attempting to wait for complete clarity or stability can often prove counterproductive, as markets tend to discount improving fundamentals well before they become obvious. In an interview with Mint, Tiwari said the peak of the US-Iran conflict is behind us, as neither side has a strong incentive to pursue a prolonged escalation. Edited excerpts:

We believe that peak of conflict is behind, as neither side has a strong incentive to pursue a prolonged escalation, given the significant economic and geopolitical costs involved.

One of the key lessons fro...