Raamdeo Agrawal: Trump's decisions don't sway my investment strategy

• Motilal Oswal Group Chairman Raamdeo Agrawal states US President Donald Trump's tariff decisions do not impact his investment cycle.
• Agrawal acknowledges Trump's global impact due to multilateral globalization but focuses on understanding the Indian market.
• He believes equity can absorb uncertainty, and investors should find entrepreneurs who can navigate risks and deliver earnings.
• Agrawal suggests AI might have reduced the Indian IT sector's terminal value but notes India's rapid AI adoption, comparing it to Yoga.
• He predicts better market performance in 2026, driven by an improving earnings cycle and government support, favoring large caps, PSUs, and the auto sector.

Why It Matters: Raamdeo Agrawal prioritizes understanding the Indian market and finding resilient entrepreneurs over global political uncertainties.