Raamdeo Agrawal, Chairman and Co-Founder of Motilal Oswal Financial Services, is optimistic about the growth of the e-commerce segment and the BFSI sector. However, he is cautious about the rising valuations of companies like the Tata Group's Trent.

Agrawal remains optimistic about the e-commerce sector, particularly Zomato, despite the recent profit booking at a fund level. In an interaction with CNBC-TV18 on the sidelines of the 20th Motilal Oswal Annnual Investor Conference, he said that while positions were accumulated at sub-₹100 levels and significantly trimmed as the stock surged beyond ₹200, his outlook for the industry stays buoyant.

He believes that Zomato's potential, especially in quick commerce, is far from fully realised. "Best is yet to come again in this particular segment," he said.

#MOAGIC #motilaloswal #indiarising #20thmotilaloswalannualinvestorconference #raamdeoagrawal #marketoutlook #indiamarketoutlook #stockmarkettrends #latestmarkettrends #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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