An experienced investor, Mark Mobius, has shown optimism about the Indian stock market. He thinks that Sensex, which is an Indian index that measures the performance of major stocks in India, can reach 1 lakh points in the next 5 years. He believed in the Indian stock market because he expected it to grow bigger and attract more investments.
Mark Mobius On The Indian Index
Mobius thinks that the Indian stock market can expect more investments. He suggested that more Indian companies should offer their shares through IPOs, and this is not limited to private companies but also to big government companies; they should also be listed on the stock market. This will make the Indian market more lucrative for investors, he said.
Mobius has a special interest in the infrastructure sector, especially railways and airlines, and believes there is underlying potential for growth in this sector.
India Will Become Leader In Software And Hardware
India’s technology sector looks very promising to him, and he believes that India will not only become the leader in software but also in hardware. He also thinks the Indian economy will be very exciting soon.
Mobius has also been paying attention to Indian politics. He said if Prime Minister Narendra Modi wins and stays in power after the 2024 election, the Indian economy will do well. Modi’s focus on the Indian economy through technology can take India to great heights.
With the right policies, a thriving technological industry, promising infrastructural development, and correct leadership, the Indian stock market can rise to new heights and bring prosperity to investors.
Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies and not TheStockMarketLive. We advise investors to check with certified experts before making any investment decisions. TheStockMarketLive. We advise investors to check with a certified expert before making any investment decisions.
Know More About – Mark Mobius
