Earnings growth estimates to keep market in good stead: Nischal Maheshwari

Given we may not see the same kind of growth in the Nifty this year, stock picking is the way to go, says Maheshwari

The markets have been concerned about the sharp rise in Covid cases and the stringent mobility curbs across key Indian cities. NISCHAL MAHESHWARI, chief executive officer for institutional equities at Centrum Broking, tells Puneet Wadhwa in an interview that over the medium-to-long term, economic growth will offset risks from rising global rates and virus threats. Edited excerpts:
 
Can the spike in Covid cases pull the markets further down?
 
On the Covid front, we do not believe that any successive wave will have a meaningful impact on the outlook for growth, given that vaccination is in full swing. In