Sensex is now at 60,000.
There would be a day that a ‘Single Day’ 60,000 points move in Sensex would be absolutely normal.
Yes, you read it right.
Here’s a basic math,
Sensex grows at 10% CAGR for next 30 years, which is easily possible looking at its ~17% CAGR historical returns.
By 2050- Sensex @10% CAGR will grow to 10,00,000+ (Highly conservative figure, liberally Sensex should be 20-30 lakhs by then).
A single day 6% upmove have been seen multiple times in the past too.
At 10,00,000, a 6% change will lead to 60,000 points move in Sensex.
Hence, Sensex moves 60,000 points. In A Day!
Keep investing with patience. Have long term vision.
Those in 20s & 30s would be able to see this happen in their lifetime.
Whether you want to be part of this journey or regret missing the bumper gains. Choice is yours!
1 Comment. Leave new
It is not logical