Use volatility as a friend, increase allocation to equities: Rajesh Saluja

The managing director & chief executive officer of ASK Wealth Advisors believes that stocks will get re-rated as earnings catch up

Indian equities may not see much action in 2018 given the various headwinds and elections ahead, but, Rajesh Saluja, managing director and chief executive officer, ASK Wealth Advisors, tells Vishal Chhabria that for a 3- to 5-year horizon, he is advising clients to use volatility as a friend and increase allocation to equities. He believes that stocks will get re-rated as earnings catch up, and that’s what equity investors should look at. Edited excerpts:

Indian markets have recently seen a sharp swing – from tailwinds to headwinds. Macro has deteriorated. How bad can it get from here?

There are two aspects that