After near 50 per cent rally in the frontline indices from March 2020 lows, RAAMDEO AGRAWAL, co-founder and joint managing director, Motilal Oswal Financial Services, in an interview with Puneet Wadhwa, cautions the day the market realises that earnings won't come back in a hurry, they will go sideways, or may correct. Exited excerpts: Has the recovery since March 2020 lows taken you by surprise? Yes, the market recovery has come as a surprise.
The main problem for the markets is not Covid-19, but the fear of this pandemic. Over the past few months, the fear has been subsiding ...
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