Dalal Street’s current rally might be just the beginning of a multi-year massive-bull run, which could take the S&P BSE Sensex to 200,000 points in the next 10 years, said Raamdeo Agrawal, Chairman and Co-founder, Motilal Oswal Financial Services. The stock market veteran added that India has seen steady economic growth over the last few years and key indicators such as democracy, demography, digitisation, dollar reserves, and a stable government are already favourable towards India. The 200,000 target for Sensex in 10 years is nearly four times the current 51,000 levels of the index. Quick calculation shows that this is about 15% CAGR.
Good news for insurance agents! They can use this platform to track and receive commissions in real-time
Read More
