If I look at the longer term charts for India, we are clearly still in a strong bull market phase but every bull market does have a period of cyclical consolidation and that is what we are going through currently. So both Nifty and the Sensex still have some way to go in trending phases and yes, I do think ultimately the bull market in India will take the Sensex above that 100,000 mark.

If I look at the longer term charts for India, we are clearly still in a strong bull market phase but every bull market does have a period of cyclical consolidation and that is what we are going through currently. So both Nifty and the Sensex still have some way to go in trending phases and yes, I do think ultimately the bull market in India will take the Sensex above that 100,000 mark.

ech