Abhay Aima, Director at HDFC Securities, in an interview to NDTV Profit said that an 8 per cent GDP growth is achievable only when the government comes out with some policy action. "UP elections are very important from the market perspective," he said adding that the outcome in Punjab and Uttarakhand elections is more of a sentimental impact than an economic impact. Aima added further that valuations of the Indian market look attractive and one should look at the historical valuations as well.