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We are positive on power and telecom sectors: Nimesh Shah

Nimesh Shah is optimistic on equity markets for 2017, though he sees continued volatility

Nimesh Shah
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Nimesh Shah Managing Director and Chief Executive Officer, ICICI Prudential AMC

Sheetal Agarwal Mumbai
Nimesh Shah, Managing Director and Chief Executive Officer at ICICI Prudential Mutual Fund, is optimistic on equity markets for 2017, though he sees continued volatility. Edited excerpts of a talk with Sheetal Agarwal:

What is your equity and debt market outlook for 2017? What is your advice to retail investors?
 
There is a clear case to invest in equities from a two-year view. However, the one constant through this duration would be volatility. The leveraging cycle will pick up, coupled with improved capacity utilisation by companies, eventually leading to improvement in earnings.
 
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