Chief Economic Adviser Dr. V. Anantha Nageswaran, Motilal Oswal Chairman Mr. Raamdeo Agrawal, BSE CEO Mr. Sundararaman Ramamurthy outline macro strength, capital market depth and investor confidence
BSE Ltd hosted a session titled “Resilient Markets, Growing India: The Road Ahead for 2026 and Beyond” in the national capital, bringing together senior policymakers and market leaders to discuss India’s economic outlook and the role of capital markets in the years ahead.
The session featured a keynote address by Dr. V. Anantha Nageswaran, Chief Economic Adviser to the Government of India, and a special address by Mr. Raamdeo Agrawal, Chairman and Co-founder of Motilal Oswal Financial Services Ltd. Mr. Sundararaman Ramamurthy, Managing Director and Chief Executive Officer of BSE Ltd, delivered the welcome address at the event.
The dialogue focused on India’s economic resilience, the continued deepening of capital markets and the prevailing optimism among investors as the country approaches 2026. Speakers reflected on the structural and policy factors that have supported growth amid a complex global environment.
Addressing macroeconomic prospects, Dr. V. Anantha Nageswaran highlighted India’s strong fundamentals and growth trajectory despite uncertainties surrounding global trade tariffs. He said that India remains a bright spot amid global uncertainty, citing a growth rate of around 6.5 percent, improving fiscal health, strong domestic demand and structural reforms that have contributed to resilience. He added that the economy is positioned for sustained growth by leveraging technology, infrastructure development and demographic advantages.
Sharing his perspective on capital markets, Mr. Raamdeo Agrawal spoke about India entering a multi-trillion-dollar growth phase in which both the economy and equity markets are expected to compound over time. He pointed to rising household financial assets, deeper market participation and strong institutions as factors contributing to the development of a robust capital market ecosystem. According to him, disciplined participation will be key for investors as India’s growth story unfolds.
Highlighting the role of policy and institutions, Mr. Sundararaman Ramamurthy spoke about the resilience shown by India’s economy amid global challenges. He said progressive government measures have strengthened economic fundamentals and boosted confidence. Capital markets, he noted, continue to serve as a pillar of long-term wealth creation, supported by proactive and collaborative actions by the regulator to ensure transparency and stability.
Mr. Ramamurthy added that as India progresses towards the goal of Viksit Bharat, deep reforms, strong domestic participation and technology will play a central role in enabling inclusive and sustainable growth. He reaffirmed BSE’s commitment to facilitating capital formation in a sustainable and innovative manner.
The session concluded with a shared view that India’s economic resilience and evolving capital markets position the country as a high-potential economy. The discussions underscored the importance of capital markets in supporting long-term growth and fostering investor confidence in the years ahead.
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