It took India 31 years for Sensex to Touch 30000 ... and just 18 months to climb next 30000 points
I have seen Sensex @ 8 K. At that time, 60 K was a dream. Now when we are near 60 K, may be Sensex @ 100 K is a dream. Although we can't predict Stock Market but I believe in this target ! Not for myself but for our next generations - for our kids I believe in India
As Sensex hits 60k, good to remember it was 26k when R Govinda Rajan said he was returning to academia at the end of his term as RBI Governor, triggering grief on unprecedented scale among ‘economists’, windbag opedists and tin canister journalists. ‘End of India’, they wailed.
Sensex crosses 60000 for the first time. India is now the world's 6th biggest stock market,overtaking France for the first time in market capitalization, with the benchmark Sensex surging more than 23% this year.
Historic moment for the market today Sensex hits 60000 for the first time ever ferocity of the move is astounding , took less than a year for sensex to go from 50k to 60k equity cult growing by leaps and bounds.
Sensex crosses 60,000. Remembering that 2016 article by Swaminathan Aiyar that if Raghuram Rajan leaves, nearly $100 billion of investment will leave India. India is bigger than the ego of liberal commentators and so called economists.
Looking at the Sensex, and the ever record breaking FDI levels versus this Oped 'If Rajan exits, so will billions in investment' - a question occurs, should a new generation of opinion makers replace an older regeneration now in India? Perhaps it is time? https://timesofindia.indiatimes.com/blogs/Swaminomics/if-rajan-exits-so-will-billions-in-investment/ …
Starting its journey from 1979, Sensex has made innumerable new highs in the last 4 decades. It would continue to be so. If you think the current market level is high, wait and see where it would be after 10 years.