Sensex To Hit 1 Lakh By End Of 2024: Market Guru Mark Mobius Makes Bold Prediction

Is India’s stock market heading for unprecedented heights? Market guru Mark Mobius certainly believes so! According to him, the Sensex could hit the 1 lakh mark by the end of 2024! Intrigued? Stay with us to find out more about this bold prediction and what it means for your investments!

Mark Mobius, a globally respected investor, shared his views in an interview with CNBC-TV18, where he expressed strong confidence in India’s ongoing bull market. What’s fueling this optimism? And more importantly, how can you benefit?

Mobius is placing a big bet on India. He believes India’s economy is on the right track and is set to deliver impressive returns for investors. He’s even preparing for market corrections, suggesting that smart investors should use any dips as a buying opportunity. Do you agree with Mobius? Let us know in the comments!

In fact, Mobius is putting his money where his mouth is—50% of all new allocations in his investment portfolio will go to India. That’s a massive vote of confidence. The other half will be spread across China, Turkey, and Vietnam. This shows how bullish he is about India’s long-term prospects.

So, where does Mobius see the best opportunities in India? He’s keeping a close eye on three sectors: Semiconductors, Real Estate, and Auto. As India continues to push for technological advancements and urban expansion, these sectors could be key drivers of growth.

What do you think? Can the Sensex hit 1 lakh by 2024? Will Mobius’ big bet on India pay off? Drop your thoughts in the comments below. And if you want more updates on market insights and investment tips, don’t forget to hit that subscribe button!