Raamdeo Agrawal predicts 15% yearly returns for Indian stocks over five years
According to seasoned investor Raamdeo Agrawal, the Indian stock market is likely to deliver annual returns of approximately 15% throughout the coming five-year period. He noted that he expects the economy to expand by 7.5% to 8.5%, while corporate earnings are projected to rise by 13% to 14%. Consequently, he believes the index should yield between 12% and 14%. Agrawal further mentioned that Indian stocks might experience a period of range-bound movement before the market begins its subsequent phase of growth.
by shortkt.com✓