Bull vs bear: When will Nifty 50 hit 25K, Sensex climb to one lakh? Experts give this timeline
Stock market outlook: After climbing to a new peak in the week gone by, frontline indices of the Indian stock market failed to sustain at higher levels, and they witnessed heavy correction immediately after touching the new peaks. This might have put doubts into the minds of stock investors about whether the Indian stock market has topped out and whether bears are ready to take centre stage in the subsequent few sessions. According to stock market experts, in the post-COVID period, Indian markets are witnessing three bull and bear markets.
We are in the second bull market, as the first was seen in the pre-budget rally when the Nifty 50 index touched the psychological 22,000 peak. Nifty missed the 23,000 mark on Friday last week in the second bull trend. They said that in the next bull trend expected this year ahead of Diwali 2024, we can expect the 50-stock index to touch or come close to the 24,000 mark.
So, based on this post-Covid performance, we expect the 50-stock index to touch the 25,000 mark by the end of the current financial year or by February to March 2025. On the BSE Sensex, they said that the 30-stock index rose twice the appreciation logged by the 50-stock index. So, by the end of March 2025, we can expect the BSE Sensex to touch 80,000 levels.
So, Sensex should touch one lakh in the next two to three years after the end of the current financial year or by the end of FY28. Also Read: Why is INOX India share price skyrocketing? — explained Elucidating the Indian stock market trends in the post-COVID period, Sumeet Bagadia, a seasoned Executive Director at Choice Broking, confidently stated, "The Indian stock market has been experiencing three bull trends on an average in the post-COVID period. We are
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