Stock Markets With Anil Singhvi: Sensex soars to 50K; Madhu Kela reveals this money making strategy
Stock Markets With Anil Singhvi: The BSE Sensex today climbed to its historic high of 50,000 points. In chat with Zee Business Managing Editor Anil Singhvi, Madhu Kela of MK Ventures said that next four to five years will continue to remain promising.
Stock Markets With Anil Singhvi: The BSE Sensex today climbed to its historic high of 50,000 points. In chat with Zee Business Managing Editor Anil Singhvi, Madhu Kela of MK Ventures said that next four to five years will continue to remain promising as there is still lot of potential left for wealth creation in India. Kela told Singhvi that there are a good number of stocks still trading below pre-COVID levels and such stocks will attract investors' attention in the coming times.
When Anil Singhvi asked about the market in next four to five years, the 'Eternal Optimist' said, "Just because the Sensex has hit 50,000 doesn't mean the market has peaked out. There is still a lot of potential left for wealth creation in India and the next four to five years are expected to remain promising for the stock market investors."
See Zee Business Live TV Streaming Below:
On the reason for being so optimistic about the markets, Kela told Anil Singhvi, "Even though the BSE Sensex has hit 50,000 levels, there are a good number of stocks that includes SBI share price too, which is below pre-COVID levels. So, such stocks are expected to attract attention of the stock market investors and hence, I am expecting the bull run to continue in the share market in next four to five years too."
See full coverage in Zee Business video below:
The market expert and founder of MK Venture went on to add, "There are various ways of looking at the markets. In my view, the markets have doubled in the last six months as we witness NSE Nifty at 7,500 levels and now it is about to touch 15,000 levels. So, no one can say at what point of time there will be major correction, but it's for sure that only those people make money from the market who have the potential to remain invested."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.