A equity research group Elliot Wave International is predicting that SENSEX could reach 1 lac levels 16 odd years from now in 2025.
Do you know it true? I don't know that this research report is genuine or no?
But I personally feel that this can come true as India along with China will be the leading economy in the world. Here is a Evidence.
Other factors -
Indian GDP is surely ought to increase it will much higher than it is now.
It could easily be over 8-9 trillion $.
So I am bullish on Indian Economy (2025).
Though trusting any report in dangerous. But one can always check out the past records and find what is possible. How Wipro Ltd. made many people billionaires.
Its all on you.
What do you have to say on this ?