Speaking to ET NOW, Raamdeo Agrawal of Motilal Oswal Financial Services shared his in-depth market outlook. He said: Banks, Insurance have got beaten down due to Covid-19, there is a big story in Big Banks. Finance and IT are big sectors. Investors can buy realty companies directly and also look at proxies for realty like paint, steel, and cement. Automotive is an interesting sector with mobility increasing with rising urbanization. Believe 10-15% of two-wheelers will be EV next year. According to him, “Every 20-30 years a big economy rises, India has a good chance now. We have the right kind of forex, stable politics, enough food and global recognition. The time has come for India.”
Watch the full interview here!
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