GENERAL23 Sept 2026
Setting up NSE was the biggest reform in the capital mkts: Raamdeo Agrawal
Raamdeo Agrawal, cofounder and chairman of Motilal Oswal Financial Services, says setting up the National Stock Exchange (NSE) was the biggest reform in India's capital markets. He recalls that after the 1991 reforms, interest in Indian equities grew and India was discussed everywhere. The turning point came in 1992, when Harshad Mehta was at his peak. That history matters when markets feel shaky.
Key Statutory Highlights
- Raamdeo Agrawal is the cofounder and chairman of Motilal Oswal Financial Services.
- He says setting up the NSE was the biggest reform in India's capital markets.
- He recalls that after the 1991 reforms there was a lot of interest in the Indian equity market, and the big moment came in 1992 when Harshad Mehta was at his peak.
Actionable Advice for Taxpayers / Founders:Read market history to understand how reform changed India's equity culture, but don't treat any single event as an investment tip. Before acting on your own money, check your goals and speak to a qualified advisor.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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