"sensex at 1,00,000 in 15 yrs" can you believe this ?

@nainesh1 (1656)
India
April 20, 2009 5:07am CST
A us based equity research group says they are expecting the sensex of india to reach 1,00,000 in 15 years. Can you believe it? I will be happy if it will reach 25000 at the end of this year.
1 person likes this
3 responses
@sanuanu (11235)
• India
21 Apr 09
Why don't they mind their own business and not say anything about our country! I know why are they saying that. They want us to invest more in our market and then they will also increase the market level and when they would feel that market is at ample height, they will take their money away from the market to have another crash of its history!
1 person likes this
@nainesh1 (1656)
• India
21 Apr 09
They did just that last time when they spread the rumors of sensex reaching 25000 and withdraw their money on 21000 levels creating the almost 60% crash.
1 person likes this
@sanuanu (11235)
• India
21 Apr 09
Did they make any survey before market got crashed? Well, I swear that I will never ever put my mony in Share market in next 10 years. I think after 10 years a new generation will be here in India and then then can think of investing money becaues people didn't understand from the downfall at the time of Harshad Mehta too!
@subha12 (18449)
• India
21 Apr 09
I think there is more point to it. Few months back, Indian sensex reached nearly 19000 mark and then there came the down sliding of meltdown.It is bad. But hope it recovers again.
1 person likes this
@nainesh1 (1656)
• India
21 Apr 09
Nice to see you in action after few days. Thanks for the response.
1 person likes this
• India
5 May 09
yes it has to go up if we have to grow don't se level of the market it reflect only economic growth so concentrate on stock which you like to invest and make profit out of it.