Bigger than IT? Are we at the start of a financial inclusion revolution? Raamdeo Agrawal answers
Raamdeo Agrawal, Chairman of Motilal Oswal Group, expressed optimism about Nifty\’s valuation, economy growth, and capital market prospects. He predicted a 50 basis points drop in interest rates and a 14-15% rise in Nifty EPS by next year. He noted significant corporate profits and anticipated increased participation from FIIs. He also says the financial inclusion revolution is at the start of a decadal trend.