Raamdeo Agrawal, Chairman and Co-Founder of Motilal Oswal Financial Services, sees a mix of hope and hesitation playing out as key policy moves take shape. The upcoming GST Council meeting, for instance, could be a game-changer. Cuts from 28% to 18% on items like motorcycles and entry-level cars could lift demand meaningfully, but markets are still in wait-and-watch mode.
