Market rally driven by strong Q1 show: MD-CEO, Motilal Oswal Private Wealth

In a Q&A, Ashish Shanker says market moves will mirror the likely earnings growth of 12-15 per cent for the next few years

Corporate earnings growth and low interest rates are likely to provide a cushion to the valuations going forward, says Ashish Shanker, Managing Director & CEO, Motilal Oswal Private Wealth. He tells Ashley Coutinho that market moves will mirror the likely earnings growth of 12-15 per cent for the next few years. Edited excerpts:

Q. What do you make of the current market rally?

The equity market rally over the last year has been driven predominantly by corporate earnings growth. Corporate earnings growth and low interest rates are likely to provide a cushion to the valuations going forward. The performance of