New Delhi [India], October 3 (ANI): Motilal Oswal, MD & CEO of Motilal Oswal Financial Services Ltd (MOFSL), expressed confidence in India's market outlook, citing strong reform momentum and encouraging festive demand.

Speaking on recent market trends, he noted, "We've already seen the traction, especially in this festive season. So the corporate sector is saying that these numbers are good so far. And I'm quite optimistic. And it was a very bold move. It's a big, kind of, you can say, the reform which has come. So it should impact the market more positively even from here."

Oswal highlighted that while foreign investors have largely remained cautious in secondary markets, they continue to participate through IPOs and private equity.

"So far, mostly they are negative on the secondary ma

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