Raamdeo Agrawal also said that while India may not have a semiconductor giant like Nvidia, we will have our own versions of companies in the digital space that will have the potential to become big and become multi-baggers for the investor community.
Veteran market investors have praised the consumption boost in the Union Budget, one view is that valuations in the space cannot be overlooked, as also the increasing disruption being caused by new age players.
Raamdeo Agrawal has welcomed the Union Budget 2025, and said that the Finance Minister has ensured additional money at the hands of the people, which was a much-needed step.
'Next year, even if FIIs invest $20-25 billion, we will have a party', Raamdeo added. The CY24 has seen an inflow of $60 billion from domestic investors, which cushioned the intense selling from foreign investors.
At the CNBC-TV18 Global Leadership Summit, Ashishkumar Chauhan, Raamdeo Agrawal, Ramesh Damani and Manish Chokhani shared their lessons with investors, and resoundingly echoed the huge potential of the India story.
Backing the right businesses is important, however, one should be careful with the price that it pays for the company, said Manish Chokhani, director of Enam Holding
'Maybe it would take six months for the earnings to come back, but they will come. We need fiscal or monetary help. And it will come. Have patience and wait,' says Agrawal at CNBC-TV18 Global Leadership Summit
Agarwal shared that he did not invest in the stock market between 2003 and 2014, missing out on the massive bull run from 2003 to 2008.
Raamdeo, however, is not writing off the incumbents of the two-wheeler business - Hero Moto and Bajaj Auto, and expects them to become strong players in the EV space at 'some point of time'.
At the 20th Annual Investor Conference of Motilal Oswal, Raamdeo Agrawal said he will be scouting for bright spots and newer opportunities as well as trying to assess what the behaviour of FIIs will be.
Raamdeo Agrawal remains extremely upbeat on the long-term growth prospects, and wagered that he sees India as an economy with $10 trillion market capitalisation in four years.
As per News 18 Exit Polls, the NDA coalition is expected to get around 355-370 seats with BJP accounting for around 305-315 seats. The opposition I.N.D.I.A alliance is expected to get 125-140 with Congress bagging in the range of 62 to 72 seats.
In terms of impact on the market, Raamdeo Agrawal believes that a strong mandate for the ruling BJP party will ensure that the valuation of the Indian stock market will double from the current $5 trillion
Over the next five-seven years, investment in the stock market and fixed deposits will almost be equal. India is in the middle of a huge savings allocation change, the Motilal Oswal Group chairman says
Concerning competition with China, the good thing is that China has no presence in services, while the services sector constitutes 60 percent of the Indian economy, observed Agrawal.
In an interaction with Moneycontrol, MOFSL's Chairman and co-founder reminded that the interim budget does not present the full picture and that that will emerge only in two months.
The stocks market continues to be in a bull run with valuations elevated across sectors and stocks driven by optimism around India’s growth story and steady fund flows from Indian investors. Having traversed multiple market cycles over 35 years, market veteran Raamdeo Agrawal draws on his experience to explain where we are headed, what could go wrong, and how to invest in current times with N Mahalakshmi.
The veteran market investor underscored that the Indian stock market has been very consistent in the last 20-25 years with 12-14 percent of compounded return.
Investors have a different type of appetite, hence the role of risk management is very important for fund manager, noted Agrawal.
Motilal Oswal’s Raamdeo Agarwal weighs in on capital markets regulator SEBI's contribution in making investing safer, and why it’s an exciting time to be in the markets.
The Motilal Oswal Asset Management Company co- founder is upbeat about the sector and its ancillaries, primarily mortgages along with paint, cement and tiles
I don't see those (new) companies in India taking away the market share, Agrawal said
Motilal Oswal Financial Services chairman says corporate earnings will have to justify equity valuations and a 15-17 per cent bump in earnings will activate the bulls.
Motilal Oswal Financial Services' Chairman Raamdeo Agrawal's comments dovetail with concerns relating to Mamaearth’s valuations. The digital-led beauty and personal care company was the first unicorn of 2022 and filed for listing at the end of the year
Jigar Mistry of Buoyant Capital differed from the value-based long-term investment style of the duo--Raamdeo Agrawal and Bharat Shah.