Investors are willing to bear GST pain for long-term gains, says Nandurkar

Interview with Mahesh Nandurkar, executive director and India Strategist, CLSA

With the introduction of the goods and services tax (GST) Bill round the corner, a tax that will have an impact on how the economy and corporate earnings shape up over the next few quarters, MAHESH NANDURKAR, executive director and India Strategist at CLSA, tells Puneet Wadhwa that he expects an earnings growth of more than 15 per cent in FY18. Edited excerpts:

How should investors approach the markets now? Is it time to book profit given that goods and services tax (GST) bill will bringing in uncertainty for the economy post its implementation?

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