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Posted in Community :

Equity and equity-linked products

 
Started by : Jyoti Rath, Sr. Associate, Barclays   09 25 2008 12:01:39 +0000
Industry : Equity Research/AnalyticsFunctional Area : India(Markets)
Keywords : SENSEX Great Heights FY09
Activity:  10 views;  last activity : 07 06 2010 20:18:09 +0000

Can the SENSEX hit at 24,000 pts. again by 2009, What do you say?

 
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idea posted by Jyoti Rath Sr. Associate, Barclays

If corporate earnings were to grow at 20% The E.P.S for the sensex would be Rs 990 in Fy 09. A PE multiple of 20 times we would take us to an Index level of 19,800.

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