Raamdeo Agrawal sees Indian markets delivering 15-17% returns over the next 2-3 years

Raamdeo Agrawal, the Chairman of Motilal Oswal Financial Services, has forecasted that the Indian stock market could deliver annualised returns of 15-17% over the next two to three years. He believes this growth potential is supported by the current attractive valuations of Indian equities and the possibility of a reversal in foreign investor flows.
For investors, this outlook suggests that the Indian market is well-positioned to deliver strong performance, potentially outpacing many other global markets. The combination of reasonable valuations and the prospect of renewed foreign interest creates a favorable environment for capital appreciation.
Investors should monitor the trend in foreign portfolio investments and corporate earnings growth. These factors will be critical in determining whether the market can sustain the predicted returns over the medium term.
Excerpt from CNBC-TV18
Published On Nov 3, 2026 | 13:20 IST Last Updated On Nov 3, 2026 | 13:20 IST Raamdeo Agrawal, Chairman & Co-Founder of Motilal Oswal Financial Services sees Indian markets delivering 15-17% annualised returns over the next two to three years, supported by attractive valuations and a possible reversal in foreign…Read the original at CNBC-TV18
Affected stocks
Bullish1 stockBull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Motilal Oswal Financial Services (MOTILALOFS).
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development for Motilal Oswal Financial Services and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.














