Sensex@record high, but how far is 1 lakh? Here’s what experts say

India’s benchmark Sensex has hit a new record high after nearly eight months of consolidation, boosted by easing inflation and consistent foreign inflows. The index has risen around 4% this year and surpassed the 63,588 mark set in December 2020, thanks to the outperformance of capital goods, FMCG and PSU stocks. If the monsoon season does not adversely affect it, the rest of 2021 will be positive for Indian equities and will raise questions about the next target of 100,000, which is more likely considering the robust underlying fundamentals.