Samvat 2081 dawns with hopes, doubts on Street
Mint Mumbai|October 31, 2024
Mint poll finds market experts split on Sensex reaching 100,000 mark by March
Mayur Bhalerao & Niti Kiran

How far lies the 100,000 milestone for Dalal Street? Will retail investors keep faith on the way? Is a market correction around the corner?

Ahead of the dawn of Samvat 2081, Mint reached out to 16 analysts to gauge the mood of the market, in the inaugural edition of a quarterly survey. The big question on everyone's minds: Will the Sensex touch the six-digit frontier soon, or will turbulence hold it back?

In a split verdict, nearly half (47%) of those who answered expressed optimism that the index would reach the milestone by March 2025. Others voiced doubt (53%), mainly citing global challenges. That said, most were confident about the outlook for retail investors, stating that China's recent stimulus measures wouldn't cost India in terms of much-needed foreign portfolio inflows (FPIs).

The Mint poll covered research heads, founders, chief executive officers (CEOs) and senior fund managers at mutual funds, financial services firms, and investment banks. Indian stocks recently scaled impressive highs, but signs of a correction are getting stronger. FPIs are withdrawing capital amid uncertainties over the US elections and the conflict in West Asia.

Diese Geschichte stammt aus der October 31, 2024-Ausgabe von Mint Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der October 31, 2024-Ausgabe von Mint Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS MINT MUMBAIAlle anzeigen
Reduction of energy costs in the telecom sector
Mint Mumbai

Reduction of energy costs in the telecom sector

With telecom infrastructure companies looking for newer ways to cut back on energy costs, battery restoration technology provides telecom infrastructure firms with a viable, economical and green solution for uninterrupted power supply

time-read
5 Minuten  |
November 15, 2024
Skip cheese and sip wine in Switzerland
Mint Mumbai

Skip cheese and sip wine in Switzerland

Beyond chocolates and cheese, there's another Swiss gem to discover — vineyards that have been passed down through the generations

time-read
4 Minuten  |
November 15, 2024
Mint Mumbai

Bankers aren't always frank about bank regulation

The 'world's banker' Jamie Dimon, CEO of JPMorgan Chase, speaks his mind even if it means taking swipes at US regulators.

time-read
4 Minuten  |
November 15, 2024
Baku: A climate breakthrough looks depressingly bleak today
Mint Mumbai

Baku: A climate breakthrough looks depressingly bleak today

The success of fossil fuel-favouring politics threatens the planet

time-read
3 Minuten  |
November 15, 2024
Global solidarity levies can play a vital role in our climate efforts
Mint Mumbai

Global solidarity levies can play a vital role in our climate efforts

Solidarity taxes could support redistributive measures and optimize how we collectively tackle a great challenge of our times

time-read
3 Minuten  |
November 15, 2024
Speak for the Earth: It's the least we should do
Mint Mumbai

Speak for the Earth: It's the least we should do

This year's Booker prize winner turns our gaze to the planet from orbit and reminds us of the climate disaster that looms. Can odes sung to Earth move the world to act in its defence?

time-read
3 Minuten  |
November 15, 2024
Mint Mumbai

Aim for an efficient carbon market right from the start

India's economy is projected to grow dramatically over the next few decades. In nominal terms, it may double in size by 2030. This is exciting, but it comes with a significant risk.

time-read
3 Minuten  |
November 15, 2024
Mint Mumbai

Why health insurers refuse to cover certain treatments

While 12 modern treatments are covered, many advanced procedures are yet to be included

time-read
3 Minuten  |
November 15, 2024
Mint Mumbai

Address economic distress with structural reforms and not doles

Cash transfers may offer short-term relief but raising worker incomes is the only lasting solution

time-read
3 Minuten  |
November 15, 2024
Mint Mumbai

FUNDING FOREIGN EDUCATION: SHOULD YOU SAVE OR BORROW?

Education financing needs vary, but early planning is key to building your desired corpus

time-read
2 Minuten  |
November 15, 2024