Sensex right now is ~75,000 in 2024.
India nominal gdp would be easily 10-12%.
Corporate profits would grow 14-16% with the growth premium they enjoy.
Back of the mind calculation says, at 14-16% earnings growth, the Sensex would double in next 5 years, taking it to 1,50,000 by next elections in 2029.
My long term targets of Sensex 10,00,000 by 2050 are intact. And I’m saying this since Sensex was 25,000-27,000 back in 2016. Nobody used to imagine let alone believe when I said this.
(Here’s one snap I could find when it was 36,000 in Jan 2018)
Thankfully, people have started believing & understanding the basic math behind my targets.
Long term India investors are going to mint money as the structural bull run continues.
Stay invested.
