SENSEX to Hit 29300 by 2014 Diwali, 100000 by Year 2020: Karvy

Our country India has managed to outperform its emerging markets peers with both the BSE's SENSEX and the NSE's NIFTY rallying over 25% so far in the year 2014. 

But, the rally is not over yet, says Mr. Varun Goel, Head - PMS, Karvy  Stock Broking who expects the SENSEX to hit 100000 by 2020.
 
Varun Goel, Head - PMS,
Karvy  
Stock Broking
Mr. Varun Goel has arrived at a SENSEX target of 29300 based on 16 times FY16 earnings by Diwali & would be buyer at every dip. He also maintains his SENSEX target of 100000 by the year 2020.


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