Bull vs bear: When will Nifty 50 hit 25K, Sensex climb to one lakh? Experts give this timeline

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4 min read 04 May 2024, 11:36 AM IST Trade Now

Asit Manohar

Bull vs bear: In the post-COVID period, Indian markets are witnessing 3 bull and carnivore markets, accidental experts

Stock marketplace  outlook; The Nifty 50 scale  whitethorn  interaction   oregon  travel  adjacent  to the 24,000 people    by extremity  of 2024, accidental    experts.Premium Stock marketplace outlook; The Nifty 50 scale whitethorn interaction oregon travel adjacent to the 24,000 people by extremity of 2024, accidental experts.

Stock marketplace outlook: After climbing to a caller highest successful the week gone by, frontline indices of the Indian stock market failed to prolong astatine higher levels, and they witnessed dense correction instantly aft touching the caller peaks. This mightiness person enactment doubts into the minds of banal investors astir whether the Indian banal marketplace has topped retired and whether bears are acceptable to instrumentality centre signifier successful the consequent fewer sessions. According to stock market experts, successful the post-COVID period, Indian markets are witnessing 3 bull and carnivore markets. We are successful the 2nd bull market, arsenic the archetypal was seen successful the pre-budget rally erstwhile the Nifty 50 scale touched the intelligence 22,000 peak. Nifty missed the 23,000 people connected Friday past week successful the 2nd bull trend. They said that successful the adjacent bull inclination expected this twelvemonth up of Diwali 2024, we tin expect the 50-stock scale to interaction oregon travel adjacent to the 24,000 mark. 

So, based connected this post-Covid performance, we expect the 50-stock scale to interaction the 25,000 people by the extremity of the existent fiscal twelvemonth oregon by February to March 2025. On the BSE Sensex, they said that the 30-stock scale roseate doubly the appreciation logged by the 50-stock index. So, by the extremity of March 2025, we tin expect the BSE Sensex to interaction 80,000 levels. So, Sensex should interaction 1 lakh successful the adjacent 2 to 3 years aft the extremity of the existent fiscal twelvemonth oregon by the extremity of FY28.

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Bull vs bear: What banal marketplace inclination suggests?

Elucidating the Indian banal marketplace trends successful the post-COVID period, Sumeet Bagadia, a seasoned Executive Director astatine Choice Broking, confidently stated, "The Indian banal marketplace has been experiencing 3 bull trends connected an mean successful the post-COVID period. We are presently successful the 2nd bull inclination arsenic the marketplace has already factored successful the Lok Sabha predetermination results, arsenic astir pre-poll surveys foretell BJP-led NDA triumph successful Lok Sabha polls 2024. In the archetypal bull trend, we witnessed Nifty touching 22,000, portion successful the 2nd bull trend, Nifty missed touching 23,000 connected Friday past week. So, successful the adjacent bull trend, which is expected up of Diwali 2024, we tin expect the Nifty 50 scale to interaction oregon travel adjacent to the 24,000 level. In FY25, we tin expect 1 much rally connected Dalal Street up of the Budget 2025. So, by the extremity of the existent fiscal year, we tin expect the Nifty 50 scale to interaction the 25,000 level."

When volition Sensex interaction 1 lakh landmark?

Echoing Sumeet Bagadia's views, Ganesh Dongre, Senior Manager — Technical Research, said, "Normally, the BSE Sensex rises thrice of the rally registered by the Nifty 50 scale successful a fixed clip horizon. We expect the 50-stock scale to emergence 3000 points successful 1 year, whereas the 30-stock scale Sensex volition emergence twice, meaning astir 6,000 points. In the existent year, the Nifty 50 scale has already risen astir 700 points and hence adjacent 1300 points emergence is expected by the extremity of 2024. So, Nifty is expected to interaction the 24,000 people by the extremity of December 2024, and the Sensex whitethorn interaction the 78,000 to 78,500 people successful the existent year."

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Anand Rathi predicts that the BSE Sensex is apt to scope the important 'one lakh landmark' by the extremity of FY28 oregon successful the January to March 2028 quarter. This 'one lakh landmark' refers to the Sensex scale reaching a worth of 1,00,000, which is simply a important milestone successful the Indian banal market.

Wealth absorption tips

Unveiling a strategy for constructing a banal portfolio that tin facilitate wealthiness creation, Sandeep Pandey, Founder of Basav Capital, expressed, "Over the past 2 years, small-cap and mid-cap stocks person outperformed large-cap stocks. However, we are present witnessing large-cap stocks displaying signs of upward question successful the past fewer quarters. This signifies that the accidental to make wealthiness from the banal marketplace is not waning, but rather, the clip for wealthiness compounding is connected the horizon. The FOMO (Fear Of Missing Out) is projected to displacement from the small-cap and mid-cap conception to the large-cap segment. It is advisable to place prime stocks from the tiny and mid-cap segments that tin outperform the Nifty and Sensex successful the coming years to make wealth. My proposal for semipermanent investors is to see debt-free companies with a way grounds of delivering affirmative quarterly results. A straightforward method to place your worth prime is to cheque the guardant PE and past 5 years CAGR of the banal you are considering for your portfolio."

Disclaimer: The views and recommendations provided successful this investigation are those of idiosyncratic analysts oregon broking companies, and not Mint. We powerfully counsel investors to consult with certified experts earlier making immoderate concern decisions, arsenic marketplace conditions tin alteration rapidly and idiosyncratic circumstances whitethorn vary.

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Published: 04 May 2024, 11:26 AM IST

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