Mr. Vijay Chandok – MD & CEO, ICICI Securities on ‘Sensex crossing the 50,000 mark’
Sensex crossing the important milestone of 50,000 is a telling sign of economy and markets shifting orbits on broad-based recovery and better days ahead. The combination of strong capital inflows, low interest rates and leaner balance sheet of India corporates along with government measures for growth is expected to lift the economic growth ahead. The same is likely to resonate in capital markets, thereby keeping the markets buoyant in the long term.
We continue to advise investors to stay invested, to capitalise on the decadal economic growth ahead, for medium term wealth generation.