American brokerage firm Morgan Stanley estimates that India’s economy will remain stable. Due to strong domestic investment, India can be one of the best performing emerging markets in 2025. If the current trend of the market continues, the Sensex can touch the level of 1,05,000 in a year. This shows a 28.5% increase from the current level. The Sensex will achieve this level if the price of crude oil remains below $ 70 per barrel continuously. Due to this, inflation will come down and RBI will cut interest rates more than expected. Mark Mobius expects 20% return in 18 months
Mark Mobius, chairman of Mobius Emerging Opportunities Fund, is optimistic about India’s growth. He expects a 20% return from the Indian market in the next 12-18 months. He believes that India will perform better than China. We are ahead of China in green investment, now in second place
Due to the boom in renewable energy, India has overtaken China in green investment. Deals worth about 20 thousand crores were completed in the third quarter. This is four times that of China and only less than America. The upward trend that was going on for 5 days came to a halt, Sensex closed flat
After the monetary policy of the Reserve Bank, the upward trend that was going on for 5 days in the domestic stock market came to a halt on Friday. The Sensex closed 57 points down at 81,709. Nifty also closed at 24,678 with a fall of 31 points. There was pressure of profit booking in IT, tech and energy stocks. On the other hand, there was a rise in metal, consumer durables, auto, services, telecom and industrial stocks.
