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Emerging sectors offer growth opportunities beyond index levels

Financial Express Lucknow

|

June 10, 2025

Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company, believes valuations of large-cap stocks are at neutral levels, implying that future returns are likely to align with earnings growth.

- Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company

Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company, believes valuations of large-cap stocks are at neutral levels, implying that future returns are likely to align with earnings growth. Agrawal tells Nesil Staney Nifty returns over the next two years are likely to be driven by earnings growth, adding that the expected lower cost of capital could potentially support some valuation expansion. Excerpts:

How do you view current large-cap valuations?

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