Experts including Chris Wood, Mark Mobius, Shankar Sharma, and Sandip Sabharwal predict that BSE Sensex could hit 100,000 within the next 4-5 years, taking into account the strong economic growth of India. Wood said that the 30-stock index reaching the 100,000 mark in 5 years was reasonable, and Mobius believes that the good companies in India will likely grow at double the country’s rate. While Sharma was “absolutely certain” that Sensex would reach the 1 lakh mark. Sabharwal noted that even a conservative prediction for the GDP growth rate at 7% over the next 5 years could lead to a strong possibility of Sensex hitting 100,000.
Investing in 2025: Six wealth management trends to watch out for
India’s wealth management sector is evolving due to tech advances, ESG investments, and increased mutual fund SIPs. By 2025, AI-driven platforms, a significant rise in
December 28, 2024