Raamdeo Agrawal predicts that the Nifty may reach 30,000 as Foreign Institutions of Indian Origin (FIIs) resume their presence in India
Ramesh Damani, a market analyst, emphasized the significance of compounding for wealth generation in India and the impact of US politics on global markets. He noted that the recent elections have led to an unprecedented consolidation of power, potentially impacting global markets.
Experts highlight India’s unique compounding returns advantage, a benefit shared with only a few global markets. Long-term growth remains the prize for investors amidst short-term fluctuations.
Motilal Oswal Financial Services, co-founded by veteran investor Raamdeo Agrawal, advises Indian investors to maintain patience amidst growing restlessness among foreign investors. Foreign investors may face a premium on reentry into India due to market growth, as the Nifty index may reach 30,000. Agrawal emphasizes long-term investing in a compounding market, advising investors to stay fully invested and not try to time the markets, embracing short-term volatility for steady gains.