The sharp drop in the market from the 2018 highs provided an opportunity to buy good quality stocks at reasonable valuations, says Jyoti Vaswani, chief investment officer, Future Generali India Life Insurance. In an interview to Samie Modak, Vaswani says 2018 will be a stock-pickers’ market and one should buy high-quality stocks with earnings visibility. Edited excerpts:
Volatility has gone up and is expected to remain high this year. How does one play the market?
After a relatively tranquil 2017, we believe this year will be volatile for the equities. The market could undergo time correction as there will be several headwinds