APN News

  • Sunday, September, 2021| Today's Market | Current Time: 03:03:55
  •  views on today’s market by Mr. Jayant Manglik, President-retail distribution, Religare Securities Limited.
    A combination of expectations, a good budget and the repo rate cut has pushed the Sensex over the new milestone of 30,000. Ultimately it is just a number. In the first quarter of FY16, it will have to be backed up by corporate earnings growth to sustain. Till then, all-round optimism will keep markets firm.

     Over the long term, we are confident that the measures taken by the government will translate into industry growth and a Sensex of 40,000 by 2017 is absolutely achievable”.

    Source : Lokesh Shastri