India is in a bright spot in the global environment. Demonetisation was only a temporary setback for the market. These were key takeaways from the Eight Motilal Oswal Eureaka Conference, says Rajat Rajgarhia, MD & CEO, Motilal Oswal, adding that data points now indicate things are beginning to look up. Globally, too, investors are generally positive on equities, and commodities and so global trade looks good, says Rajgarhia. Although some or the other headwind keeps impacting the aggregate earnings there are many companies giving good guidance and investors continue to focus on them. “Aggregate growth will be better in the next 12 months but there are pockets of opportunities where growth will be even better,” says Rajgarhia in an interview to CNBC-TV18.