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On Monday, the 30-share BSE Sensex rose 599.29 points to an all-time peak of 76,009.68 during afternoon trade, while the NSE Nifty 50 shot up 153.7 points to hit a new lifetime high of 23,110.80. The next big question is when will the Sensex hit the 1-lakh mark? The predictions vary
Mark Mobius says not booking any profits because they have more money coming in and they have to put it to work. ans that is not a problem because the markets are very deep now and we can see lots of opportunity, not only in India, but in other parts of the world.
Mark Mobius discusses the potential of largecaps in India, particularly in the infrastructure and power sectors. He highlights NHPC's entry into hydropower and emphasizes global growth opportunities, while addressing the valuations of public sector entities. Mobius suggests one should keep some cash on the side in the event of a correction where you can buy at much lower prices.
Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, discusses the growth opportunities in India, particularly in the telecom, infrastructure, and power sectors. He emphasizes transparency concerns in avoiding bank stocks and highlights the potential impact of Modi's election outcome on the market. Mobius says the power sector is going from strength to strength in every area of material.
The attempted assassination of Robert Fico has exposed cracks in a country that is at the faultline of a divided continent