Sensex have came a long way from mere 100 in 1980s to 60,000+ in 2022!
You think Sensex at 60,000 is the top? No. It’s a long way to go. Let the data speak.
We’ve <4% Demats of entire population.
The entire AUM of all the Indian AMCs is < Blackrock, a single US AMC.
AUM of Mutual Funds <20% of Indian GDP.
These clearly points that the sky is open for Indian equity markets to flourish in years to come.
We’ll see Sensex at minimum 10,00,000+ by 2050.
If you’re offered a seat on a rocket ship, don’t ask what seat! Just get on.” -Sheryl Sandberg, COO, Fb.
