India Edition

Market Guru Raamdeo Agrawal Sees India Shares as “Fairly Valued”

This month looks set to be the Nifty 50’s worst in six years.
Raamdeo Agrawal, co-founder, Motilal Oswal Financial Services.Photographer: Dhiraj Singh/Bloomberg

Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi. If you didn’t receive this directly in your inbox, you can subscribe here, and share feedback with us here.

Today, I talk to a stocks guru, and my colleague Preeti Soni traces the downturn in Surat’s diamond industry.