Nifty crossed 25,000 for the first time ever today.
Now I’m going to make a bold call.
Nifty will be 50,000 by 2030.
It took 25 years to reach 25,000 & it’ll take just another 6 years to reach 50,000.
At 15% earnings growth rate it’s quite possible to hit 50k in next 5 years ie by 2029. Though I’ll add an additional year to be conservative. Hence, 50k by 2030.
15% earnings growth is quite possible for high growth economy like India!
Now it’s on you, to stay invested and enjoy the rally till 50k or panic sell whenever a 20-30% correction comes.
I’ll definitely prefer the former.
To Nifty 25,000!
