Archive · 5 Jun 2025
Sensex to 3 Lakh by 2035: Investor Predicts Growth Powered by Compounding
An expert investor, Raamdeo Agrawal, is very optimistic about the Indian stock market.
He thinks the market will keep growing quickly.
He believes the Sensex, which is like the Dow Jones for India, will more than double in the next ten years.
He thinks that domestic investors are fueling the market's growth.
He also points out a few areas where businesses are likely to do well in the future, like online shopping and renewable energy.
He stresses that India's economy is becoming stronger and more independent.
Veteran investor Raamdeo Agrawal predicts Sensex to reach 1.5 lakh by 2030 and 3 lakh by 2035.
Agrawal attributes market resilience to sustained domestic capital inflows.
He highlights key investment themes for the next decade, including quick commerce, capital markets boom, energy transition, and manufacturing.
Agrawal notes promoters hold roughly 50% of the market, with FIIs at 17% and domestic institutions/retail investors making up the rest.
He emphasizes India's economic growth and increasing self-reliance as key drivers.
- Who
- Raamdeo Agrawal, Chairman and Co-founder of Motilal Oswal Financial Services.
- What
- Predictions and analysis of the Indian stock market's future growth.
- When
- Predictions are for 2030 and 2035, based on historical data and current trends.
- Where
- The Indian stock market.
- Why
- Driven by sustained domestic capital, economic growth, and emerging investment trends.
- Source
- Raamdeo Agrawal
- Current Sensex
- 80,000 approximately
- Projected Sensex 2030
- 1.5 lakh
- Projected Sensex 2035
- 3 lakh
- Key Themes
- Quick commerce, capital markets, energy transition, manufacturing
Sources
Ridham Desai says India’s retail money isn’t short-term, it’s here to stay
Ridham Desai: Indian stocks are still cheap, market wants to go up
India plays both anchor and ATM for Asia investors: Manulife's Marc Franklin
Mid and small caps may bounce back, but large caps offer better value: JPMorgan
There’s no such thing as EMs any more; Morgan Stanley picks strongest stories including India: Jonathan Garner
