Sensex on course for 100,000 in 5 years- Mark Mobius

Mark Mobius, founder of Mobius Capital Partners, sees the Sensex touching 100,000 in the next five years.

Speaking at the Morningstar Investor Conference, he said that as the market fluctuates, it provides the chance to seize undervalued assets and conserve cash for strategic investments.

“There will be corrections on the way. I pray for corrections because it gives the opportunity to buy cheap. Such a good opportunity was during Covid. You don’t just ‘buy value’, you ‘buy good stocks’, with high return on capital, lower debt, and where competition is lower,” said Mobius.

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