APN News

  • Friday, September, 2019| Today's Market | Current Time: 04:23:58
  •  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

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