Listen to this: Sensex at 100,000 by 2020!, says Karvy
Karvy Stock Broking has come out with its report on "Sensex at 100,000 by 2020!". "An earnings growth between 20-25% and multiple rerating from 15x to 16-17x in the next few years can lead to a 25% compounding of Sensex returns, which will take it to 100,000 levels by Calendar year 2020!", says the report.
Listen to this: Sensex at 100,000 by 2020!, says Karvy
Karvy Stock Broking has come out with its report on "Sensex at 100,000 by 2020!". "An earnings growth between 20-25% and multiple rerating from 15x to 16-17x in the next few years can lead to a 25% compounding of Sensex returns, which will take it to 100,000 levels by Calendar year 2020!", says the report.