1) India Inc's growth story could propel Sensex to 65000 by December 2022, says expert 

The Indian market has rebounded strongly since July, surging by more than 12% between July 1 and August 19. The broader Nifty50 gained 12.5% and 30-share Sensex rose by around 12.6% during the same time. Multiple factors, including FIIs returning to the India market, turned around the table. As on August 20, Foreign Institutional Investors bought to the tune of Rs 17,970.62 crore in the Indian market this month till August 19 against Rs 6,052.67 crore selling by the DIIs in the cash market.  

Meanwhile, these factors also propelled the Sensex to reclaim the 60,000 mark and the Nifty50 to touch 18,000 level for the first time in the past four months.  

On Friday, putting a halt to an 8-day rally, the barometer indices ended lower by more than one per cent each. The Nifty50 closed at 17,758.45 with a 1.1% cut and the Sensex fell 651 points to 59,646.15.  

Speaking about what changed Sunil Damania, Chief Investment Officer, MarketsMojo, said the market sentiments have rekindled since July and remain bullish. "Substantial GST collections were one of the reasons why equity markets became bullish, in addition to strong direct tax collections. These factors indicate healthy economic growth, despite global economies struggling," said the expert.