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.
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.
A Kotak Mahindra Bank report dated November 20 said that there is expectation of Rs 1.5 lakh crore outflow on the account of GST and Rs 65,000 crore due to auctions