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Valuations in #India Mark Mobius remained upbeat on India Inc's earnings potential. "In P/E, the Earnings moving up means valuations do not look steep," said Mobius, implying India Inc's future P/Es may come down. That said, Mobius concurred with the view that right now may be…
#MarkMobius sees Sensex at 1 Lakh by end of year, bets 50% fresh investments on India The ongoing momentum in Indian stocks is likely to take Sensex past 1,00,000 mark 'probably by end of the year', provided measures by capital market regulator do not become a dampener, Mobius… https://t.co/kdqyZ3375v
#MarketsWithMC | 🚀 Mark Mobius says 1 lakh possible on Sensex by year end, bets 50% fresh investments on India. Read on👇 https://t.co/RNK8mCSyvu #Sensex #Trading #StockMarket | @RohitReports
Mark Mobius, a prominent investor, has predicted that the Sensex may reach 100,000 points by the end of the year. Mobius emphasized that this is an opportune time to invest in emerging markets, particularly India, where he plans to allocate 50% of fresh investments. He also mentioned China, Taiwan, Vietnam, and Turkey as other attractive markets. Mobius noted that India's earnings potential remains strong, and valuations do not appear steep, with P/E ratios expected to come down. He advised investors to be ready to buy on corrections. However, he cautioned that the forecast depends on the measures taken by the Securities and Exchange Board of India (Sebi).