Diwali 2023: Can Nifty 50 hit 25,000, Sensex touch 75,000 in Samvat 2080? Here's what experts say

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General Elections, inflation and interest rate trajectory are the key factors that will influence the market. Also Read: Stock Markets and Diwali 2023: What could be the top challenges before Nifty 50 in Samvat 2080? Analysts explain We talked to several experts to gain insights into their expectations regarding the market's trajectory in Samvat 2080 and the potential milestones the Nifty 50 may reach in the new Samvat.

Here's what they said: (Exciting news! Mint is now on WhatsApp Channels. Subscribe today and stay updated with the latest financial insights! Click here!) The domestic equity market could rise 15 per cent and the Sensex could rise to 75,000 by the next Diwali.

Maintaining above 6 per cent GDP growth would be a major trigger for this gain. Over 6 per cent growth would be the fastest among major economies in the world and therefore, we can expect significant net inflow from the FPIs.

Apart from fast GDP growth, robust capex plans of corporate, and State and Central governments, strong credit growth of the banking industry, successful PLI schemes and bilateral relationships with many economies and robust continued inflow of retail investors would help the markets to gain around 15 per cent in the next one year. However, any possible mandate from the forthcoming General Election, which leads to political instability or any possible spike in global oil prices (due to strong recovery in global economic growth) significantly beyond $120 a barrel will lead to Sensex falling below 55,000.

These are two key risk factors for the domestic market in the next one year. The Nifty 50 is likely to trade with a positive bias and witness a pre-election rally since only about six months are remaining for the Lok Sabha