Just as the pace of India's economy is showing no sign of slowing down in the world. Similarly, the country's stock market is also running at the speed of a rocket. India's market has become everyone's favorite among the emerging markets of the world. China's pride has been shattered. No one is ready to invest money in the Chinese market. Whereas Japan is doing better this year and can do better in the coming days, but it is nowhere in comparison to India. Now a report from America has also accepted this fact. In fact, Morgan Stanley's Jonathan Garner has also accepted that by the end of the year the Indian stock market will cross 86 thousand marks. This means that the Sensex may see a rise of 15 thousand points from the current level.
This means that in the next 300 days, about 16 crore investors in the stock market will earn about Rs 18 crore every minute. If Morgan Stanley's Garner is accepted as true, then on annual basis the market cap of BSE will see an increase of about Rs 100 lakh crore. In the last 40 days, an increase of Rs 22 lakh crore has been seen from common investors. So let us try to understand that if the statement of Morgan Stanley's Jonathan Garner is true then what kind of figures will be seen in the stock market by the end of the year.
Sensex will reach 86000 by the end of the year
Jonathan Garner of Morgan Stanley said that the figures of India's economy have improved significantly. There is a continuous increase in economic growth. An increase has also been seen in the nominal GDP of the country. Looking at the quarterly results of the companies, it seems that they are earning well and are contributing to the economic growth of the country. Capital investment, whether government or private, is being seen continuously. Due to which a good rise can be seen in the country's shares. Bombay Stock Exchange's main index Sensex can reach 86 thousand points. This means that from the current level, an increase of 20 percent can be seen in the next 300 days. In the current year, this increase can be seen at a speed of 19 percent. Sensex has declined by 0.90 percent in the last 40 days.
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Investors' earnings in the last 40 days
The statement of Morgan Stanley's Jonathan Garner has come after 40 days of the new year. In these 40 days, the market cap of BSE or rather the earnings of investors has seen an increase of more than Rs 22 lakh crore. The market cap of BSE on the last trading day of the last calendar year was Rs 3,64,28,846.25 crore. Which has now increased to Rs 3,86,36,302.43 crore. This means that during this period the earnings of investors have increased by Rs 22.07 lakh crore.
Situation of next 300 days
Jonathan Garner said that by the end of the year the Sensex will touch 86000 points. This means that in the next 300 days the market cap of BSE will cross the figure of Rs 464 lakh crore. Compared to the current figures, there will be an increase of Rs 77,73,352.82 crore in the market cap of BSE. This means that for the next 300 days, about 16 crore stock market investors of the country will earn Rs 18 crore every minute. However, if we talk about the whole year, an increase of Rs 100 lakh crore can be seen in the market cap of BSE. Such earnings from the stock market will not be seen in any other market in Asia. Be it China or Japan. This time India will face direct competition from America on the stock market front.
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