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What will be future of Sensex?
“Sensex’s CY22 estimated EPS (Earning Per Share) is Rs 2,711. We believe that Sensex EPS has to grow at a CAGR of 15\% for the next 10 years to justify the 200k mark. So, it will take a minimum of 10 years for the Sensex to reach the 200k mark,” says Vinit Bolinjkar, Head of Research, Ventura Securities.
When did Sensex touch 40000?
3 June 2019
The index touched the 40,000 mark on 3 June 2019.
When did Sensex cross 50k?
It has taken a little over 31 years for the 30-share index to traverse from 1,000 level to 60,048.47 at close of trade on Friday. In this year alone, the Sensex jumped 10,000 in about eight months – it crossed the 50,000-mark on January 21, 2021 and 60,000 on September 24.
Can Sensex hit 60000?
It just took 8 months for the equity market here in India to cross that 60,000 mark. The 30-share BSE Sensex was trading somewhere around 50,000 in January this year and within in 8 months, the benchmark indices surged to an all-time high of 60,000.
Will SENSEX hit 45000 by June 2020?
He raised the earnings growth estimates for the Sensex to 25 percent in 2020 and 23 percent in 2021 and raised the Sensex target to 45,000 by June 2020. The Sensex gained more than 3,000 points in just two-day rally and surpassed 39,000 mark after the government announced a string of measures to boost the economy.
How much has the India SENSEX increased since the beginning of 2019?
The SENSEX increased 560 points or 1.55\% since the beginning of 2019, according to trading on a contract for difference (CFD) that tracks this benchmark index from India. Historically, the India SENSEX Stock Market Index reached an all time high of 40312.07 in June of 2019 and a record low of 113.28 in December of 1979.
Is there a long range forecast for the BSE SENSEX?
A long range forecast for the BSE Sensex and similar financial series is available by subscription. Click here for more information or to subscribe.
What is the actual return given by SENSEX compared to FD?
Below is the chart that compares the returns between the actual return given by Sensex since 2000 and a bank fixed deposit (FD) at 7.5\%. The red line shows a stable return as provided by a bank FD. If Rs.5000 was invested as one time in bank FD in 2000 then it’d have given us a return of Rs.21,239 by 2020.