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
Mumbai-based Motilal Oswal Group’s alternatives investment arm, Motilal Oswal Alternates (MO Alts), has marked the first close for its latest real estate-focused credit fund, raising ..
Motilal Oswal, Co-founder, MD & CEO of Motilal Oswal Group, took to X (formerly Twitter) to announce that he would stop buying foreign cars and would support local brands like Tata and Mahindra instead.The billionaire businessman recently purchased a Tata Safari.
Raamdeo Agrawal discusses the rerating of PSUs and the potential growth of IT companies. PSUs, which were once undervalued, have seen a reversion to mean and have become leaders in the bull market. The government s continued investment in PSUs is expected to fuel further growth. As for IT companies, despite the current lackluster numbers, they have a global competitive advantage and will benefit from the normalization of corporate activity and the deployment of new technologies. The potential for IT implementation is significant.
Banks are seeing good loan demand from the retail side but are faced with corporate segment weakness, he said. The dynamism of the private sector has an edge over PSU banks.