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Monday, Sep 30, 2024

Sensex may hit 1 lakh in 2024: Mark Mobius's prediction only if Sebi concurs

Mark Mobius predicts Sensex could reach one lakh by year-end if Sebi limits derivatives, which would significantly impact the market.
Mark Mobius acknowledges risks in the Indian stock market, suggesting corrections of 5-15% may occur, and advises cautious participation in IPOs while recommending gold as a portfolio hedge.
Mark Mobius acknowledges risks in the Indian stock market, suggesting corrections of 5-15% may occur, and advises cautious participation in IPOs while recommending gold as a portfolio hedge.

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News business Sensex may hit 1 lakh in 2024: Mark Mobius's prediction only if Sebi concurs