Mumbai28 minutes ago
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American brokerage firm Morgan Stanley estimates that India’s economy will remain stable. India could be one of the best performing emerging markets in 2025 due to strong domestic investment. If the current market trend continues, the Sensex can touch the level of 1,05,000 in a year. This represents a 28.5% rise from current levels.
Sensex will achieve this level if the price of crude oil continuously remains below $70 per barrel. Due to this, inflation will come down and RBI will cut interest rates more than expected.
- Base Case: The brokerage firm said that in the next one year, even in the case of normal trend (base case), the Sensex can touch the level of 93,000. This represents a rise of 13.8%. This estimate has been made on the assumption that reduction in government deficit will maintain stability in the economy, private investment will increase and the difference between real growth and real rates will increase.
- Bare Case: Morgan Stanley believes that if there is a recession (bear case) in the market, then the Sensex can fall by 14.3% from the current level to the level of 70 thousand in a year. This will happen when crude oil prices rise to $110 per barrel and America’s economy falls into recession.
Mark Mobius expects 20% return in 18 months
Mark Mobius, chairman of Mobius Emerging Opportunities Fund, is optimistic about India’s growth. He expects 20% returns from the Indian market in the next 12-18 months. He believes that India will perform better than China.
We are ahead of China in green investment, now in second place
India has overtaken China in green investment due to the boom in renewable energy. Deals worth about Rs 20 thousand crore were completed in the third quarter. This is four times less than China and only less than America.
The bullish trend that had been going on for 5 days stopped, Sensex closed flat
After the monetary policy of the Reserve Bank, the 5-day rising trend in the domestic stock market stopped on Friday. Sensex fell 57 points to close at 81,709. Nifty also fell by 31 points and remained at the level of 24,678. There was pressure to book profits in IT, Tech and Energy stocks. On the other hand, metal, consumer durables, auto, services, telecom and industrials shares saw a rise.
