'It is a good time to look at non-US, global equity investing'

"We have been positive on sectors such as power, telecom, and metals & mining for some time now," says Nimesh Shah, managing director and chief executive officer at ICICI Prudential AMC.

As the economy rebounds from the effects of the pandemic-induced lockdown, NIMESH SHAH, managing director and chief executive officer at ICICI Prudential AMC tells Puneet Wadhwa in an interview that investor sentiment should improve going ahead and pave the way for fresh inflows into equity mutual fund schemes. Edited excerpts:

What is your view of how the markets have played out over the last few weeks?

The recent rally is driven by an assortment of positive news coming together. That said, markets may look overvalued on the surface given the excess liquidity that is leading to a price rally in