Sector Of The Season: Raamdeo Agrawal Is Bullish On Banks

In addition to the banking sector, Agrawal is also optimistic about technological innovations driving growth in India.
The banking sector that was on a decline saw a sharp recovery in the last few sessions, with the Nifty Bank hitting a three-month high and Nifty Financial Services near six-month-high on Monday. In the ever-changing landscape of Indian financial markets, Raamdeo Agrawal, chairman and co-founder of Motilal Oswal Financial Services Ltd., is increasingly bullish on the banking sector, saying it is set to be the star performer in the current market cycle.

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