When will Sensex hit 1-lakh magic figure? Here’s some back-of-the-envelope calculations

When will Sensex hit 1-lakh magic figure? Here’s some back-of-the-envelope calculations

While traders are busy debating over whether Sensex will rally another 2,700 points anytime this year to zoom past its all-time record high of 62,245.43 touched in the autumn of last year, long-term investors are doing back-of-the-envelope calculations on when will the index hit the magic 1-lakh mark. Earlier this year, Jefferies‘ global head of … Read more