Sensex at 30000 mark by March 2017 – A singular view

Equity tips At time when concerns over weakening health of the global economy are weighing on equity markets worldwide, Money Maker Research is of view that BSE benchmark Sensex to hit the 30000 mark by March 2017.

The closing of Friday was projected 27673 points, which would mean 2623 points,i.e 8.4% jump in 5 ½ months.

The experts are of concern that Reserve Bank of India may go in for another 25 basis points rate cut in December, through which, however, it also expects that the domestic market to witness high volatility over the next two months.

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