Yes. Actually I want to say even higher. But thought let’s first reach there.
I would want to be little conservative. But end of FY 24 we should be there.
This is what I had sent in November 2021. I really felt Markets were overpriced then. But then it went further to 18600. Now after a year we are back to 17600. Now I feel it’s fine.
Again it’s my personal opinion. It can go either ways.
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Nifty and esp bank nifty still standing extremely strong. hardly in red when US markets fell 4% overnight. unbelievable.
I see a lot of people interested and are probably investing too currently, all retail, not quantifiable though.
August SIPs were down I think, but many new demat accounts were opened. So I guess retail participation is acting like a cushion.