With the Sensex already showing robust momentum in 2024, the big question now is — “Kya Is Baar Sensex Pakka 1 Lakh Par Jayega?”
The buzz isn’t just retail hype. Top global and Indian brokerages — including Jefferies, Morgan Stanley, and Motilal Oswal — have projected Sensex targets of 100,000 by FY2026, based on a combination of factors: strong GDP growth, tech disruption, FII-DII flows, and earnings expansion.
Let’s break down why analysts and investors believe this may finally be the cycle where Sensex breaks into the six-digit club.
India’s GDP growth is expected to clock around 7% in FY2025, making it the fastest-growing major economy globally. What’s driving this momentum?
This domestic macroeconomic strength provides the foundation for a long-term bull run.
After facing years of volatility and net selling, Foreign Institutional Investors (FIIs) are now net buyers, indicating confidence in India’s long-term growth story.
At the same time, Domestic Institutional Investors (DIIs) — led by SIPs, mutual funds, and insurance funds — are consistently injecting over ₹20,000 crore per month into the markets.
Retail SIP assets under management crossed ₹10 lakh crore in early 2025, reflecting increasing investor participation — a structural positive for Indian equities.
This dual inflow model sustains market liquidity and provides valuation support for frontline stocks.
India is emerging as a serious global player in key technology sectors:
Startups and listed technology companies are attracting record valuations, and the stock market is rewarding new-age businesses that are either profitable or on a clear path to profitability.
India’s established IT services companies continue to report strong global demand, making technology a key driver of Sensex performance.
The government’s capital expenditure plans are larger than ever, with significant investments in:
A stable government following the 2024 elections ensures policy continuity and the fast-tracking of reforms in labor laws, disinvestment, and ease of doing business.
This policy-driven growth story is a critical support pillar for sustained equity market performance.
The Sensex reaching 1 lakh will depend not just on liquidity and sentiment, but also on corporate earnings.
These trends are driving upward revisions in earnings estimates, making the 1 lakh target more achievable.
Several global and domestic brokerages have updated their Sensex and Nifty targets for FY2025–26:
| Brokerage | Sensex Target | Nifty Target | Reason Highlighted |
|---|---|---|---|
| Morgan Stanley | 1,00,000 | 30,000 | Capex-led cycle, earnings revival |
| Jefferies | 1,02,000 | 31,000 | Strong DII flows, infra push |
| Motilal Oswal | 98,500 | 29,500 | Banking and consumption-led rally |
| Goldman Sachs | 95,000 | 28,200 | Tech momentum and FII comeback |
While short-term volatility remains, the long-term outlook supports further index appreciation.
Despite the bullish sentiment, certain macroeconomic and geopolitical risks could delay or derail progress:
India’s strong forex reserves, moderate inflation, and prudent fiscal policy offer resilience, but vigilance remains important.
For long-term investors, market timing is less important than staying invested. Sensible approaches include:
Seasoned investors may look to:
The Sensex hitting the 100,000 mark is no longer a fantasy — it is a realistic projection backed by macroeconomic growth, earnings visibility, liquidity support, and political stability.
India’s position as a structural growth story makes it an attractive investment destination over the next decade. While interim corrections will test sentiment, the broader trajectory remains upward.
A disciplined investment approach, backed by data and fundamentals, is key to riding this growth wave successfully.
At Rupee Fincare Services, we assist investors in navigating market cycles with tailored strategies. Whether you are looking to invest in mutual funds, equity markets, or capital solutions through loans, our experts are here to help.
Contact us today to learn how to position your portfolio for the next phase of India’s market growth.
