Testing all-time high sometime in 2018 is very likely because one constant feature of the market is volatility, said Tushar Pradhan, HSBC Global AMC-India.

Pradhan said as long as growth exists and situation in economy continues to be robust, higher interest rates are not negative.

With regard to earnings, he said going forward, we can expect earnings to be good.

On consumption front, he said there will be a significant increase in organised retail across the country but there will also be more competition among them.

When asked if it was time to look at corporate banks, he said the valuation indicates it’s time to look at them but the ability to estimate what is likely to happen in 1-2 quarters is little uncertain.