The gains in Indian stocks after a breakout in tensions with Pakistan may have room to run, according to a veteran stock picker.
Prime Minister Narendra Modi’s strong response to a suicide bomb that killed 40 Indian troops in Kashmir has increased the chances that a stable government will be elected in upcoming general elections, said Raamdeo Agrawal, who helped develop Motilal Oswal Financial Services into a billion-dollar company. And that augurs well for the economy and equities, he ..