Raamdeo Agrawal, Chairman & Co-Founder, Motilal Oswal Group, says the way Buffett runs Berkshire, no company in India runs like that. You will see a lot of these kinds of companies coming in which will say that they are running a broking or some other business but will very actively manage my equity accounts because … Read more
Dalal Street’s top stock picker and billionaire Raamdeo Agrawal of Motilal Oswal Financial Services, who has been bullish on quick commerce, has picked up stakes in IPO-bound Swiggy and another unicorn Zepto. Agrawal’s interest in both the new-age businesses comes at a time when quick commerce is at an all-time high in terms of fundraising, … Read more
Raamdeo Agrawal, Founder & Chairman, Motilal Oswal Group, says he wants to buy well-established businesses with strong management teams, which may be facing some headwinds recently. Agrawal says the shift of deposits from banks to the capital market is a significant trend. The banking sector must adapt to this change and ensure sufficient credit and … Read more
Even as banks and other financial stocks dragged Sensex and Nifty down following a hike in capital gains tax in Budget, smallcaps and midcaps continued to rally as if nothing changed in the Finance Bill. Sensex was down around 600 points as heavyweights HDFC Bank, ICICI Bank, Axis Bank and Bajaj twins led the downside … Read more
A 15-20% correction from current levels should not shake the confidence of investors and they should remain invested with a view beyond June 4, the day when the fate of the incumbent NDA government and the India alliance will be decided, experts opine. Post the event, the focus will get back to earnings, growth, and … Read more
Having compounded at a healthy CAGR of 15.85% since inception in 1949, Sensex scaled the 75,000 peak this week with bulls predicting that the 1 lakh milestone will come within the next five years. Market guru Raamdeo Agrawal has even predicted that the headline index should touch 1.5 lakh by 2029. Describing Sensex as the … Read more
Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Group, says “the capital market was extremely strong over October and November. September was very good. October was somewhat weaker. November picked up, but December was out of the charts and January is even better than December. So, momentum is picking up, as we come closer to budget … Read more
