Sensex reached 60k mark from 50k in 8 months can it touch the level of 1 lakh mark achs

New Delhi. Indian stock markets are touching new heights every day. Dalal Street sentiment remains strong. There is a positive environment in every way in the capital. The market touched its all-time high on Friday and gave huge returns to the investors. The Sensex, a 30-share sensitive index of the Bombay Stock Exchange (BSE), has crossed the 50,000 to 60,000 mark within just 8 months.

Investors should be cautious about rising inflation
The Sensex was trading at around 50,000 points in January 2021. It crossed the level of 60 thousand on 24 September 2021. Piyush Garg, Chief Investment Officer, ICICI Securities Ltd said that the capital markets have performed well in the last few quarters, ignoring the impact of the coronavirus pandemic. During this period, foreign investors (FPIs) have also invested heavily in the market. Domestic and foreign investors have also earned a lot. However, investors should be wary of rising inflation and withdrawal of capital from the system.

read this also- Gold Prices: Gold becomes cheaper by Rs 1359 in 2 months, know how much profit you can get in 2020 if you invest now

Market may fall if bond yield rises
Garg said that if the risk of rising inflation and monetary policies of global central banks increase bond yields, then the capital market may decline sharply. He said that a major correction of 10-15 percent can be recorded in the Indian stock market from the current level. In such a situation, people should invest very carefully. This boom in the capital market is being recorded at a time when the Kovid-19 infection is largely under control. Vaccination campaign is going on fast. With this the economy is returning to normal levels. Due to all these reasons, there is a continuous bullish trend in the market.

read this also – Changed the rules for getting a new mobile SIM! Government has made many big changes, know which customers will not get SIM now

How long can the current momentum last?
Experts believe that the current uptrend is like the buoyancy that remained in the market for 2-3 years between 2003-07. In such a situation, it can be assumed that the current boom can last for 2 to 3 years. Vijay Singhania, Chairman, TradeSmart said that India is passing through the best phase in terms of capital market. Now as the economic condition of the country improves, in the same way, the market can register more bullishness. He said that the Sensex can also touch a record high of 100,000 points in the coming time. This will also give an opportunity to the investors to earn big money. Nevertheless, investors should keep a constant eye on the yield of government bonds.