To start off with, let me clarify that timing the markets is a futile exercise.
To continue with, broadly speaking, there’s no sign right now which says that current bull market is about to be over. Unless, there’s a black swan event like Covid or sub prime mortgage crises of 2008 or let’s say crude goes above $100/120.
Infact, logically, the bull run has just started and will gather more steam once rate cuts are announced.
Right now we’re sitting at the peak of the interest rates cycle. As soon as rate cuts are announced, liquidity will food into the emerging markets. And what better option than India? Other EMs have their own problems or virtually uninvestible because of lack of depth into the potential size of economies.
This rally will most likely be a prolonged rally till late 2025-2027 early when next rate hike cycle begins.
Till then, Nifty may easily surpass 25,000 & even 30,000.
Of course, in between, there would be 5-10% dips here & there. If you can’t digest that much corrections and want stock market to only go one way up, then you’re in the wrong place.
Apart from this, I really don’t see any logically reason why this rally won’t continue.
Every ingredient is perfectly available for this bull run to continue.
Big money will be made by those who rides the bull market rally as long as possible.
Also image, sitting in 2050, when Sensex would be 10,00,000+ & Nifty 3,00,000+ and laughing that you used to worry about corrections when Nifty was just 20,000.
