Easier to predict jump in markets than slowdown; Goldman, Nomura targets will be achieved, says Anil Singhvi
Sensex has moved from levels of 100 to 42000 over a period of time. Nifty has also moved from levels of 1000 to current levels nearing 13000. It is easy to predict levels on the upside, important to understand time frame required to reach to those levels. If investors are not aware about the time frame, then they can just buy and forget thinking that eventually it will rise over a period of time.
Zee Business Managing Editor Anil Singhvi says the current boom in Global Markets, Bullish FIIs, good quarterly results of companies, signs of recovery in economy will definitely ensure Nomura and Goldman Sachs targets are met.
Anil Singhvi said targets on Nifty given by Nomura and Goldman Sachs will be eventually achieved in next few days or may be next year or in next 3 years or next 5 years. Anil Singhvi said whether it is Nifty or a human being, eventually both have to go up only. Sensex has moved from levels of 100 to 42000 over a period of time. Nifty has also moved from levels of 1000 to current levels nearing 13000. It is easy to predict levels on the upside, important to understand time frame required to reach to those levels. If investors are not aware about the time frame, then they can just buy and forget thinking that eventually it will rise over a period of time.
It is extremely difficult to predict lower levels as these levels come for a shorter period and again market starts recovering. Hence, it is easier to predict the strength in markets than to predict recession. Probability to predict the lower levels and to get it right is much difficult as investors can buy Nifty at 12800, 11800, 7500, 14000 and hold for few years, eventually markets will go up only.
Bullish to me from FII’s should have come in a bit earlier rather than now. Anyway, change in mood and sentiments do change targets for FII’s. Companies are delivering strong results (above expectations), good economic recovery, liquidity in markets and Global economic recovery are the key reasons for strength in the overall market. Targets given by Goldman Sachs of 14100 on Nifty and 13640 by Nomura are definitely achievable; investors can see these targets next year.
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In fact, the Market Guru said Nifty can surpass these targets as well. Liquidity flow is extremely strong globally, interest rates are at lowest levels and companies are seeing good earnings recovery shows markets will do well from here on. There is no doubt that all targets on Nifty given by brokerages will be achieved.
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