Raamdeo Agrawal sees 15-17% annual market returns
In short
Raamdeo Agrawal said Indian markets may return 15% to 17% a year over the next two to three years. He linked that view to cheaper valuations and the chance that foreign investors could start buying again.
This matters to investors because it points to a bullish view on Indian stocks. The report does not give a target level or say how likely the forecast is.
What the reporting says
Raamdeo Agrawal said Indian markets could deliver 15% to 17% annualised returns over the next two to three years, according to a publisher summary. He cited attractive valuations and a possible reversal in foreign investor flows as support for that view. The report does not give a target index level or say whether the outlook is a formal forecast from Motilal Oswal Financial Services.
Why it matters
Raamdeo Agrawal, chairman and co-founder of Motilal Oswal Financial Services, said Indian markets may deliver 15% to 17% annualised returns over the next two to three years, according to a publisher summary. He pointed to attractive valuations and a possible reversal in foreign investor flows. The report is a market outlook, not a trade recommendation, and it does not specify which segments of the market may lead.