India will continue to be a stock picker's paradise: Porinju Veliyath

Zee Media and Balaji Tele are among my top mid-cap picks, Veliyath says

In conversation with Puneet Wadhwa, Porinju Veliyath, managing director and portfolio manager, Equity Intelligence says the Nifty50 index will move to new highs this year, and will be able to sustain at five-digit levels. Edited excerpts:

The markets are nearing their all-time high again. Will they be able to surpass and sustain at higher levels over the next six - 12 months?

I am not a technical expert and predicting market movements is a tricky thing. From a simple common sense view, I can say that the Nifty50 index will move to new highs this year and will sustain at five-digit levels