Are current market valuations hiding opportunities or risks? Christy Mathai explains

Quantum AMC's Christy Mathai favors undervalued companies, targeting a 25% discount to intrinsic value. IT and banking sectors are attractive due to earnings below potential. While an immediate market boost is absent, medium to long-term growth hinges on earnings trends. India-UK FTA's market impact is limited, but a US trade deal could affect gems, jewelry, and pharmaceuticals.