Wednesday, May 22, 2024

 I Always Told This Statements...


Nifty 50 could reach 1,50,000 in the next 15-17 years and the Sensex could hit 1,50,000 in the next 5-6 years, but not without corrections, said Raamdeo Agrawal, ace investor and Chairman of Motilal Oswal Group.

"To make money in the stock market, you need vision, courage, and patience. Patience, the most important factor, must be observed during times of stress," Agrawal emphasised.

He said that if there are any negative surprises in the market, the Sensex could reach 1,50,000 by 2030. Without negative surprises, it could achieve this level by 2028, he added.

Agrawal advised investors not to stress too much over the results of the ongoing general election in India, predicting that the incumbent BJP government will retain power with over 300 seats. "Election results will be out on June 4, but my strategy won't change. I'll remain invested on June 3 and June 5, regardless of the outcome." Addressing the consistent selling by FIIs in May, Agrawal noted that it will take some time for FIIs to start investing in the Indian market again. The uncertainty over general election results has been keeping FIIs away from the domestic market.

SO INVEST INVEST INVEST & INVEST...

MARKET IS REALLY IN BULL GRIP IN COMING 6-7 YEARS...

Follow #A3RT On X @arbindtiwariT

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