Mark Mobius, Chairman, Mobius Emerging Opportunities Fund believes that Indian markets will deliver 14-15% returns over the longer term. Mobius, a renowned investor, shared his insights on the potential returns from the Indian stock market over the next three to five years in an interview with ET Now.When asked about his expectations, Mobius stated, “Over … Read more
Prime Minister Narendra Modi has expressed confidence that both the BJP and the stock market will reach new heights on June 4, the day the Lok Sabha election results will be announced. A pre-election rally that has already pushed the stock market to a record market capitalization of $5 trillion.In an interview with ET’s Pranab … Read more
Assuming that Narendra Modi will return as Prime Minister after the Lok Sabha elections with a majority mandate, global brokerage firm Morgan Stanley has kept 74,000 as its Sensex target for December 2024. “We assume continuity in a government with a majority mandate, robust domestic growth, the US does not slip into a protracted recession … Read more
Indian equity markets at all time highs: JM Financial anticipates a potential 1,000-point surge in the NSE Nifty 50 during September, according to an ET report. JM Financial has set a target of 20,432. This target, based on Friday’s closing price, implies a 4.6% upswing in Nifty 50 from Monday’s closing level of 19,528.The brokerage … Read more