'Valuation in certain pockets of the market is looking elevated'

"Stock markets and economies globally do get impacted by events all the time and hence there is no such thing as the right time to invest," Gopalakrishnan says.

Despite rich valuation in select pockets of the market, there still are good investment opportunities available in companies across market caps and sectors, says RAVI GOPALAKRISHNAN, head of equity at Principal Asset Management in interaction with Swati Verma. Edited Excerpts:

Is it still a good time to enter markets?

While investing in equities, it is important for any investor to remain invested for the long term. Stock markets and economies globally do get impacted by events all the time and hence there is no such thing as the right time to invest. That said, the markets over the last five