'Stock markets in structural bull run but there can be bouts of volatility'

Interview with Ravi Gopalakrishnan, Head (Equities), Canara Robeco Mutual Fund

Corporate earnings are showing initial signs of recovery and are expected to gather momentum in FY18 and FY19, says Ravi Gopalakrishnan, head – equities, Canara Robeco Mutual Fund. In an interview to Ashley Coutinho, he talks about demonetisation’s impact on earnings growth, FPI flows, threat of protectionism, among other issues. Edited excerpts:

What is your outlook for the market?

Indian equities are showing a bit of resilience on the back of improving macroeconomic fundamentals, expectation of lower interest rates and the structural reforms being implemented by the government. Corporate earnings are showing initial signs of recovery and are expected to gather momentum